Showing 1 - 10 of 11
Persistent link: https://www.econbiz.de/10010196117
Persistent link: https://www.econbiz.de/10003309935
I show that a unique equilibrium exists in a two-player all-pay auction with asymmetric independent discrete signal distributions and asymmetric interdependent valuations. The proof is constructive, and the construction is simple to implement as a computer program. For special cases, which...
Persistent link: https://www.econbiz.de/10014182374
Persistent link: https://www.econbiz.de/10013488788
Persistent link: https://www.econbiz.de/10011552579
Persistent link: https://www.econbiz.de/10014231302
We provide conditions that simplify applying Reny's (1999) better-reply security to Bayesian games, and use these conditions to prove the existence of equilibria for classes of games in which payoff discontinuities arise only at "ties." These games include a general version of all-pay contests,...
Persistent link: https://www.econbiz.de/10013289844
We provide conditions that simplify applying Reny's (1999) better-reply security to Bayesian games and use these conditions to prove the existence of equilibria for classes of games in which payoff discontinuities arise only at “ties.” These games include a general version of all-pay...
Persistent link: https://www.econbiz.de/10014325193
Persistent link: https://www.econbiz.de/10005755523
Persistent link: https://www.econbiz.de/10002512874