Perfect equilibria in games of incomplete information

B-Tier
Journal: Economic Theory
Year: 2021
Volume: 71
Issue: 4
Pages: 1591-1648

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Abstract This paper extends Selten’s (Int J Game Theory 4:25–55, 1975) notion of perfection to normal-form games of incomplete information and provides conditions on the primitives of a game that ensure the existence of a perfect Bayes–Nash equilibrium. The existence results, which allow for arbitrary (compact, metric) type and/or action spaces and payoff discontinuities, are illustrated in the context of all-pay auctions and Cournot games with incomplete information and cost discontinuities.

Technical Details

RePEc Handle
repec:spr:joecth:v:71:y:2021:i:4:d:10.1007_s00199-020-01311-y
Journal Field
Theory
Author Count
1
Added to Database
2026-01-25