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Persistent link: https://www.econbiz.de/10005370735
In a Bayesian assessment, beliefs are computed from the strategy profile applying Bayes rule at positive probability information sets. A consistent assessment is the limit point of a sequence of completely mixed Bayesian assessments. We characterize the set of extensive forms for which the sets...
Persistent link: https://www.econbiz.de/10010758631
We prove that for generic plurality games with positive cost of voting, the number of Nash equilibria is finite. Furthermore all the equilibria are regular, hence stable sets as singletons. Copyright Springer-Verlag Berlin/Heidelberg 2005
Persistent link: https://www.econbiz.de/10005370863