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For a class of infinite signaling games, the perfect Bayesian equilibrium strategies of finite approximating games converge to equilibrium strategies of the infinite game. This proves the existence of perfect Bayesian equilibrium for that class of games. It is well known that in general,...
Persistent link: https://www.econbiz.de/10005596747
The literature on games of strategic complementarities (GSC) has focused on pure strategies. I introduce mixed strategies and show that, when strategy spaces are one-dimensional, the complementarities framework extends to mixed strategies ordered by first-order stochastic dominance. In...
Persistent link: https://www.econbiz.de/10005370895
Persistent link: https://www.econbiz.de/10005004278
I prove that the equilibrium set in a two-player game with complementarities, and totally ordered strategy spaces, is a sublattice of the joint strategy space. Copyright Springer-Verlag Berlin Heidelberg 2003
Persistent link: https://www.econbiz.de/10005753391