approximate perfect Bayesian equilibrium for sequential auctions with discrete bids and incomplete information. It also utilizes … provides theoretical results especially the non-existence of pure-strategy symmetric equilibrium in both the symmetric …

-stage games, sequential equilibrium, trembling-hand perfection, stability, signaling games, theory of auctions, global games …

certain equilibrium outcomes. For instance, given specific benefits of linking, we illustrate how the stable networks depend …

equilibrium are examined for first and second price auctions in situations where bidders have different, uncertain, costs. This is … mark-ups applied systematically for each bidder in turn until equilibrium is reached. An extensive numerical analysis is … then applied to obtain equilibrium results for both mark-up values and expected profit from the simple symmetric case …