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We study Bayesian Nash equilibria of stable mechanisms in centralized matching markets under incomplete information. We show that truth-telling is a Bayesian Nash equilibrium of the revelation game induced by a common belief and a stable mechanism if and only if all the profiles in the support...
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connected and undirected network. Players observe their immediate neighbors' behavior only, but communicate over time the … repeated game's history truthfully throughout the network. The Folk Theorem extends to this setup, although for a range of … communication structure allow for limited results under strategic communication only. As a by-product this model produces a network …
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The model we discuss in this note is a re-examination of the classical Bertrand model of imperfect competition. the main difference is that consumers are allowed to have some strategic behavior when deciding from which one of the two sellers to buy. We will approach the resolution of the...
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