Selection-free predictions in global games with endogenous information and multiple equilibria
Global games with endogenous information often exhibit multiple equilibria. In this paper, we show how one can nevertheless identify useful predictions that are robust across all equilibria and that cannot be delivered in the common-knowledge counterparts of these games. Our analysis is conducted wi...
Main Authors: | , |
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Other Authors: | |
Format: | Article |
Language: | en_US |
Published: |
The Econometric Society
2013
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Online Access: | http://hdl.handle.net/1721.1/83253 https://orcid.org/0000-0002-9269-5094 |