Dependence and Uniqueness in Bayesian Games.
This paper studies uniqueness of equilibrium in symmetric 2 x 2 bayesian games. It shows that if signals are highly but not perfectly dependent then players play their risk-dominant actions for all but a vanishing set of signal realizations. In contrast to the global games literature, noise is not...
मुख्य लेखक: | |
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स्वरूप: | Working paper |
भाषा: | English |
प्रकाशित: |
Department of Economics (University of Oxford)
2012
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