with unawareness, define equilibrium, and prove existence. We show how equilibria are extended naturally from lower to … investigate the robustness of equilibria to uncertainty about opponents' awareness of actions. We show that a Nash equilibrium of …

This paper explores the foundations and properties of the quantal response statistical equilibrium (QRSE) model … encountered theoretical distributions that have been identified as economic statistical equilibrium and displays qualitatively …

conjectural equilibrium (RCE), which integrates both learning from feedback (in the spirit of self-confirming equilibrium) and …

We present a tractable generalization of quantal response equilibrium via non-expected utility preferences. In …

The order and lattice structure of the equilibrium set in games with strategic complements do not survive a minimal … comparable. In such cases, the equilibrium set is a non-empty, complete lattice, if, and only if, there is a unique equilibrium …. Moreover, in such cases, with linearly ordered strategy spaces, the game has at most one symmetric equilibrium. Several …

We consider global games with general payoff structures and prove existence of equilibrium. This shows that the global … of more general equilibrium behavior, especially as research in global games moves beyond the case of strategic … be used to show existence of equilibrium in global games with both complementarity and congestion. This proves existence …

equilibria, some nice features of strategic complements that depend on the complete lattice structure of the equilibrium set may …

their flow payoffs. In contrast to the static case, the equilibrium is unique under a general class of terminal payoff … functions. Our characterization of the equilibrium builds on recent developments in the theory of backward stochastic … contests. In a team production model, the unique equilibrium selects an efficient outcome when frictions vanish …

A common feature of many speculative attack models on currencies is the existence of multiple equilibrium solutions …. When choosing the equilibrium strategy a trader faces Knightian uncertainty about the rational choice of the other traders … currency attack models. The uniqueness of the equilibrium remains valid for arbitrary noise distributions, positively …