The set of all Bayesian–Nash equilibrium payoffs that the players can achieve by making conditional commitments at the … rational payoffs of the Bayesian game. Furthermore, the various equilibrium payoffs, which are achieved by means of different … commitment devices, are also the equilibrium payoffs of a universal, deterministic commitment game. …

MathML source. This leads us to define a family of sequential voting rules, defined as the sequential composition of local … voting rules. These rules relate to the setting of conditional preference networks (CP-nets) recently developed in the …

Voting on multiple related issues is an important and difficult problem. The key difficulty is that the number of … election because she can strategically determine the order. While this is undeniably a negative feature of sequential voting …

provide a necessary and sufficient condition on the match function for full disclosure to be the unique equilibrium outcome … always an equilibrium and a necessary and sufficient equilibrium condition is that all firm types earn at least the full …

consumer interest into learning more about the product, and determine a firm's equilibrium choice of advertising content over … quality information, price information, and horizontal match information. Equilibrium is unique whenever advertising is … necessary. The outcome is a separating equilibrium with quality unravelling. Lower-quality firms need to provide more …

In this note, we study the problem of existence, uniqueness and determinacy of equilibrium in the two period mean … equilibria as the original economy. In particular, we provide a very elementary proof of existence of equilibrium. We then show … that when utilities are additively separable in mean and variance, sufficient conditions for uniqueness of equilibrium may …

-dimensional utility function (wealth and health status). We prove that the type of health risk influences the equilibrium of insurance …