Equilibrium Existence in Games with Ties

We provide conditions that simplify applying Reny's (1999) better-reply security to Bayesian games, and use these conditions to prove the existence of equilibria for classes of games in which payoff discontinuities arise only at "ties." These games include a general version of all-pay contests, first-prize auctions with common values, and Hotelling models with incomplete information

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Year of publication:	[2022]
Authors:	Olszewski, Wojciech ; Siegel, Ron
Publisher:	[S.l.] : SSRN
Subject:	Gleichgewichtsmodell \| Equilibrium model \| Spieltheorie \| Game theory

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Extent:	1 Online-Ressource (38 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Theoretical Economics, forthcoming Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 5, 2022 erstellt
Classification:	C62 - Existence and Stability Conditions of Equilibrium
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013289844