Domansky, Victor C.; Kreps, Victoria L. - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2009
This paper is concerned with multistage bidding models introduced by De Meyer and Moussa Saley (2002) to analyze the evolution of the price system at finance markets with asymmetric information. The zero-sum repeated games with incomplete information are considered modeling the bidding with...