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Persistent link: https://www.econbiz.de/10009787371
We show that every Bayesian game with purely atomic types has a measurable Bayesian equilibrium when the common knowledge relation is smooth. Conversely, for any common knowledge relation that is not smooth, there exists a type space that yields this common knowledge relation and payoffs such...
Persistent link: https://www.econbiz.de/10011744122
Persistent link: https://www.econbiz.de/10011753028
We show that every Bayesian game with purely atomic types has a measurable Bayesian equilibrium when the common knowledge relation is smooth. Conversely, for any common knowledge relation that is not smooth, there exists a type space that yields this common knowledge relation and payoffs such...
Persistent link: https://www.econbiz.de/10012010008