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Global games are games of incomplete information whose type space is determined by the players each observing a noisy signal of the underlying state. With strategic complementarities, global games often have a unique, dominance solvable equilibrium, allowing analysis of a number of economic...
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We study higher-order expectations paralleling the Harsanyi (1968) approach to higher-order beliefs — taking a basic set of random variables as given, and building up higher-order expectations from them. We report three main results. First, we generalize Samet's (1998a) characterization of the...
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