We consider an incomplete contracting model in which the decision process consists of the project choice and execution effort. Each party has an imperfectly informative private signal on the promising project and successful execution requires the agent's effort. Revelation of the principal's...

This paper studies equilibrium selection in persuasion games where the receiver's actions are binary, and discusses how to justify the most informative equilibrium as a reasonable consequence. In general, there exist multiple equilibria in this environment even if the sender's private...

We consider games where an analyst is not confident about players' true information structure for payoff-relevant parameters. We define a robust prediction by a set of action profiles such that, given any information structure among the players, there is a Bayesian Nash equilibrium given that...