Basov, Suren; Libich, Jan; Stehlík, Petr - Department of Economics and Finance, La Trobe Business … - 2010
necessary and sufficient conditions under which our dynamic revision game has a unique efficient outcome even if the underlying … opponent may serve as a commitment device. Therefore, if the revision opportunity is expected to arrive sufficiently early then … outcome after the opponents revision. The framework allows, among other things, to address the issue of equilibrium selection …