Belief-free equilibria in games with incomplete information
AbstractWe de ne belief-free equilibria in two-player games with incomplete information as se- quential equilibria for which players' continuation strategies are best-replies, after every history, independently of their beliefs about the state of nature. We characterize a set of payo s that includes all belief-free equilibrium payo s. Conversely, any payo in the interior of this set is a belief-free equilibrium payo
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Bibliographic InfoPaper provided by HEC Paris in its series Les Cahiers de Recherche with number 884.
Length: 31 pages
Date of creation: 01 Dec 2007
Date of revision:
repeated game with incomplete information; Harsanyi doctrine; belief-free equilibria;
Find related papers by JEL classification:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
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- NEP-CTA-2008-03-08 (Contract Theory & Applications)
- NEP-GTH-2008-03-08 (Game Theory)
- NEP-HPE-2008-03-08 (History & Philosophy of Economics)
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