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playing strategies that can be im- plemented by fnite automata and they have lexicographic preferences, the set of equilibrium … and the set of equilibrium payo is once again the set of feasible and individually rational payoffs. Our result emphasizes …
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player. We study to what extent, and how, information can be exchanged at equilibrium. We show that, provided oneʼs initial …
Persistent link: https://www.econbiz.de/10011049786
We prove that every two-player nonzero-sum Dynkin game in continuous time admits an "epsilon" equilibrium in randomized … stopping times. We provide a condition that ensures the existence of an "epsilon" equilibrium in nonrandomized stopping times. …
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study to what extent, and how, information can be exchanged at equilibrium. We show that, provided one’s initial information …
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