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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,...
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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