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Equilibrium Existence in Incomplete Information Games with Atomic Posteriors

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Author Info
Nabil Al-Najjar
Eilon Solan

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Abstract

We prove an existence result for games with incomplete information with continuous type spaces under the assumption that players have atomic posteriors. This information structure is an extreme example of the failure of absolute continuity of information, hence our result complements the classical result of Milgrom and Weber (1985).

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File URL: http://www.kellogg.northwestern.edu/research/math/papers/1262.pdf
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Paper provided by Northwestern University, Center for Mathematical Studies in Economics and Management Science in its series Discussion Papers with number 1262.

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Date of creation: May 1999
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Handle: RePEc:nwu:cmsems:1262

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  1. Stinchcombe, Maxwell B., 1990. "Bayesian information topologies," Journal of Mathematical Economics, Elsevier, vol. 19(3), pages 233-253. [Downloadable!] (restricted)
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