Showing 1 - 10 of 191
We study the robustness of interim correlated rationalizability to perturbations of higher-order beliefs. We introduce …
Persistent link: https://www.econbiz.de/10008577753
This note studies (full) implementation of social choice functions under complete information in (correlated …) rationalizable strategies. The monotonicity condition shown by Maskin (1999) to be necessary for Nash implementation is also …
Persistent link: https://www.econbiz.de/10004998323
We consider the implementation of social choice functions under complete information in rationalizable strategies. A … concept of rationalizability. Assuming the social choice function is responsive (i.e., it never selects the same outcome in …
Persistent link: https://www.econbiz.de/10008476247
in implementation and virtual implementation. In particular, the equilibria we analyze are "conditionally" dominant …
Persistent link: https://www.econbiz.de/10005464015
The set of outcomes that can arise in Bayes Nash equilibria of an incomplete information game where players may or may not have access to more private information is characterized and shown to be equivalent to the set of an incomplete information version of correlated equilibrium, which we call...
Persistent link: https://www.econbiz.de/10010817214
The set of outcomes that can arise in Bayes Nash equilibria of an incomplete information game where players may have access to additional signals beyond the given information structure is characterized and shown to be equivalent to the set of a version of incomplete information correlated...
Persistent link: https://www.econbiz.de/10010817228
We define and characterize a notion of correlated equilibrium for games with incomplete information, which we call Bayes correlated equilibrium: The set of outcomes that can arise in Bayes Nash equilibria of an incomplete information game where players may have access to additional signals...
Persistent link: https://www.econbiz.de/10010895650
The set of outcomes that can arise in Bayes Nash equilibria of an incomplete information game where players may have access to additional signals beyond the given information structure is equivalent to the set of a version of incomplete information correlated equilibrium which we dub Bayes...
Persistent link: https://www.econbiz.de/10010939338
This paper introduces generalized potential functions of complete information games and studies the robustness of sets of equilibria to incomplete information. A set of equilibria of a complete information game is robust if every incomplete information game where payoffs are almost always given...
Persistent link: https://www.econbiz.de/10005762463
We define a notion of correlated equilibrium for games with incomplete information in a general setting with finite players, finite actions, and finite states, which we call Bayes correlated equilibrium. The set of Bayes correlated equilibria of a fixed incomplete information game equals the set...
Persistent link: https://www.econbiz.de/10009325804