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Bayesian potential game 1 team 1 unique linear equilibrium 1
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Ui, Takashi 1 Yoshizawa, Yasunori 1
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Economics Bulletin 1
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Radner's Theorem on Teams and Games with a Continuum of Players
Ui, Takashi; Yoshizawa, Yasunori - In: Economics Bulletin 33 (2013) 1, pp. 72-77
This note considers Bayesian games with a continuum of players, symmetric quadratic payoff functions, and normally distributed signals. It shows that a recent result on the existence and uniqueness of equilibrium is implied by a classical theorem on teams by Radner (1962, Ann. Math. Stat. 33).
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