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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 study the endogenous formation of cooperation structures or communication graphs between players in a superadditive TU game. For each cooperation structure that is formed, the payoffs to the players are determined by an exogenously given solution. We model the process of...
Persistent link: https://www.econbiz.de/10011091161
This paper considers a refinement of equilibria for multicriteria games based on the perfectness concept of Selten (1975). Existence of perfect equilibrium points is shown and several characterizations are provided. Furthermore, contrary to the result for equilibria for multicriteria games, an...
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Harsanyi, John C.: Subjective probability and the theory of games. Comments on Kadane and Larkey's paper. S. 120-124 …
Persistent link: https://www.econbiz.de/10002184018
Downs, Anthony: A theory of bureaucracy. S. 439-446 …Harsanyi, John C.: Bargaining and conflict situations in the light of a new approach to game theory. S. 447-457 …
Persistent link: https://www.econbiz.de/10002085581