Global games are widely used to predict behaviour in games with strategic complementarities and multiple equilibria. We … simple sufficient criterion to derive the selection and establish noise independence in many-action games by decomposing them … into games with smaller action sets, to which we may often apply simple criteria. We also report in which small games noise …

consider general supermodular games, and compare networks in terms of their power of inducing contagion. We show that if there … structures and network structures on contagion of a convention beyond 2×2 coordination games. First, we consider the “bilingual … respective networks, and in particular, the Pareto-dominant convention is contagious only in some non-linear networks. Second, we …

in the context of general m×m games, convex payoff functions, heterogeneous constraints, and frictions in link formation. …

stochastic stability of an LP-max is not guaranteed for non-potential games without the supermodularity condition. We investigate … maximizer. In particular, for 2×2 games, we examine a modified log-linear dynamic (relative log-linear dynamic) under which …

We consider models of stochastic evolution in two-strategy games in which agents employ imitative decision rules. We …

This paper examines many-player many-action global games with multidimensional state parameters. It establishes that …, Equilibrium selection in global games with strategic complementarities, J. Econ. Theory 108 (2003) 1–44] for one …-dimensional global games is robust when the setting is extended to the one proposed by Carlsson and Van Damme [H. Carlsson, E. Van Damme …

In the present paper we consider the allocation of costs in connection networks. Agents have connection demands in form … allocate costs of networks satisfying all connection demands. We use a few axioms to characterize allocation rules that … truthfully implement cost minimizing networks satisfying all connection demands in a game where: (1) a central planner announces …