The sensitivity of Nash equilibrium to strategic and informational details presents a diØ culty in applying it to games which are not fully specified. Structurally-robust Nash equilibria are less sensitive to such details. More-over, they arrise naturally in important classes of games that have...

This short survey discusses recent findings on the robustness of Nash equilibria of strategic games with many semianonymous players. It describes the notion of structural robustness and its general consequences, as well as implications to particular games, such as ones played on the web and...

Two theoretical literatures, one using Bayesian Nash equilibrium, and the other using noisy rational expectations equilibrium, both provide a foundation for understanding how private information is impounded into asset prices, yet some of their predictions are conflicting. Here, we compare for...