Robustness of equilibria in anonymous local games

A-Tier
Journal: Journal of Economic Theory
Year: 2011
Volume: 146
Issue: 1
Pages: 300-325

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

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

Abstract

This paper studies the robustness of symmetric equilibria in anonymous local games to perturbations of prior beliefs. Two priors are strategically close on a class of games if players receive similar expected payoffs in equilibrium under the priors, for any game in that class. I show that if the structure of payoff interdependencies is sparse in a well-defined sense, the conditions for strategic proximity in anonymous local games are strictly weaker than the conditions for general Bayesian games of Kajii and Morris (1998) [11] when attention is restricted to symmetric equilibria. Hence, by exploiting the properties of anonymous local games, it is possible to obtain stronger robustness results for this class.

Technical Details

RePEc Handle
repec:eee:jetheo:v:146:y:2011:i:1:p:300-325
Journal Field
Theory
Author Count
1
Added to Database
2026-01-25