An important development in Europe was the emergence of nationally circulating commodity money. Asymmetric information between coin producers and users provided rulers with an opportunity to supply a public good: standard universally accepted coins. We describe the development of a sophisticated...

We present a simple algorithm for computing an intuitive notion of MPE for finite state dynamic games with asymmetric information. The algorithm does not require: storage and updating of posterior distributions, explicit integration over possible future states to determine continuation values,...