QRE. The limiting points of this correspondence are shown to be Markov perfect equilibria. Furthermore, the logit Markov … computation of Markov perfect equilibria, and also as a selection criterion. …

This paper derives Bayesian equilibria under general conditions for a broad family of sealed-bid combinatorial auction … formats under incomplete information. Equilibria are constructed by linking an equilibrium of the combinatorial auction format …-selecting auctions, have common equilibria for any number of items and bidders. Furthermore, if an ex-post equilibrium exists in the …