Games with imperfect information often feature multiple equilibria, which depend on beliefs off the equilibrium path … supported in equilibrium by the largest set of beliefs. We conduct experiments to test the predictive power of the existing and …

. We then show that there exists a correlated equilibrium that approximates the social optimum when the penalty for missing …

strategies in a Bayesian Nash equilibrium of that game can differ across types, aggregate play in any such equilibrium must … coincide with a symmetric Nash equilibrium of the complete information game. This justifies the interpretation of certain data …, including many laboratory experiments, as arising from a symmetric equilibrium, even when asymmetric equilibria exist and, in …

equilibria. The partial cooperative Cournot-Nash equilibrium is axiomatically characterized by using notions of rationality …

partition the network into smaller subgames whose equilibrium sets may be more feasible to compute. We provide bounds on the …

well known refinements of the Nash equilibrium, namely, perfect Nash equilibrium and proper Nash equilibrium, are special … Nash equilibrium is shown to exist for every game. In symmetric bimatrix games, our results imply the existence of a … symmetric proper equilibrium. Applying our results to the field of evolutionary game theory yields a refinement of the …

Equilibrium notions for games with unawareness in the literature cannot be interpreted as steady-states of a learning … that possesses a self-confirming equilibrium in extensive-form rationalizable strategies. This notion of equilibrium can be …