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This paper examines many-player many-action global games with multidimensional state parameters. It establishes that the notion of noise-independent selection introduced by Frankel, Morris and Pauzner (Journal of Economic Theory 108 (2003) 1- 44) for onedimensional global games is robust when...
Persistent link: https://www.econbiz.de/10010542031
Persistent link: https://www.econbiz.de/10010562411
This paper examines many-player many-action global games with multidimensional state parameters. It establishes that the notion of noise-independent selection introduced by Frankel, Morris and Pauzner [D. Frankel, S. Morris, A. Pauzner, Equilibrium selection in global games with strategic...
Persistent link: https://www.econbiz.de/10010719005
Persistent link: https://www.econbiz.de/10009997694