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Congestion Models and Weighted Bayesian Potential Games

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Author Info
Facchini, G. (Tilburg University, Faculty of Economics and Business Administration)

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Abstract

Games associated to congestion situations a la Rosenthal (1973) have pure Nash equilibria. This result implicitly relies on the existence of a potential function. In this paper we will provide a characterization of potential games in terms of coordination games and dummy games. Secondly, we extend Rosenthal's congestion model to an incomplete information setting, and show that the related Bayesian games are potential games and therefore have pure Bayesian equilibria.

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Paper provided by Tilburg University, Faculty of Economics and Business Administration in its series Research Memorandum with number 689.

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Date of creation: 1995
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Handle: RePEc:dgr:kubrem:1995689

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Web page: http://cwis.uvt.nl/~few/few2/

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  1. Slade, Margaret E, 1994. "What Does an Oligopoly Maximize?," Journal of Industrial Economics, Blackwell Publishing, vol. 42(1), pages 45-61, March. [Downloadable!] (restricted)
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  1. Voorneveld, M. & Borm, P. & Megen, F. van, 1999. "Congestion games and potentials reconsidered," Discussion Paper 98, Tilburg University, Center for Economic Research. [Downloadable!]
  2. Mallozzi, Lina & Pusillo, Lucia & Tijs, Stef, 2006. "Approximate equilibria for Bayesian multi-criteria games," Discussion Paper 121, Tilburg University, Center for Economic Research. [Downloadable!]
  3. Fioravante Patrone & Lucia Pusillo & Stef Tijs, 2007. "Multicriteria games and potentials," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer, vol. 15(1), pages 138-145, July. [Downloadable!] (restricted)
  4. Norde, H. & Tijs, S., 1996. "Determinateness of strategic games with a potential," Research Memorandum 720, Tilburg University, Faculty of Economics and Business Administration. [Downloadable!]
  5. Philippe Jehiel & Moritz Meyer-ter-Vehn & Benny Moldovanu, 2008. "Ex-post implementation and preference aggregation via potentials," Economic Theory, Springer, vol. 37(3), pages 469-490, December. [Downloadable!] (restricted)
  6. Branzei, R. & Mallozzi, L. & Tijs, S.H., 2001. "Supermodular games and potential games," Discussion Paper 97, Tilburg University, Center for Economic Research. [Downloadable!]
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