Some economic applications of Scott domains
The present paper is structured around two main constructions, fixed points of functors and fibrations and sections of functors. Fixed points of functors are utilized to resolve problems of infinite regress that have recently appeared in economics. Fibrations and sections are utilized to model solution concepts abstractly, so that we can solve equations whose arguments are solution concepts. Most of the objects (games, solution concepts) that we consider can be obtained as some kind of limit of their finite subobjects. Some of the constructions preserve computability. The paper relies heavily on recent work on the semantics of program- ming languages.
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- Milgrom, Paul & Roberts, John, 1990. "Rationalizability, Learning, and Equilibrium in Games with Strategic Complementarities," Econometrica, Econometric Society, vol. 58(6), pages 1255-77, November.
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Game Theory and Information
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