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Bayesian equilibria are characterized by means of consistency and one-person rationality in combination with non-emptiness or converse consistency. Moreover, strong and coalition-proof Bayesian equilibria of extended Bayesian games are introduced and it is seen that these notions can be...
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In this paper we consider the location of the eigenvalues of the composite matrix ( -A S1 S2 ) ( Q1 At 0 ) ( Q2 0 At ) , where the matrices Si and Qi are assumed to be semi-positive definite. Two interesting observations, which are not or only partially mentioned in literature before, challenge...
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choice in uences price competition in both periods and therefore maximize their lifetime profit. Although we cannot give …In this paper we characterize the subgame perfect Nash equilibria of a location-then-price game where firms first … changes in the fractions of the consumer types, competition in both periods differs. Firms anticipate that their location …
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