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Regularity and Stability in Monotone Bayesian Games

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  • Alan Beggs
  • A.W. Beggs

Abstract

This paper defines regular and weakly regular equilibria for monotone Bayesian games with one-dimensional actions and types. It proves an index theorem and provides applications to uniqueness of equilibrium. It also provides analyses of stability with respect to perturbations and dynamic stability.

Suggested Citation

  • Alan Beggs & A.W. Beggs, 2011. "Regularity and Stability in Monotone Bayesian Games," Economics Series Working Papers 587, University of Oxford, Department of Economics.
  • Handle: RePEc:oxf:wpaper:587
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    File URL: http://www.economics.ox.ac.uk/materials/papers/5552/paper587.pdf
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    References listed on IDEAS

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    6. Carlsson, Hans & van Damme, Eric, 1993. "Global Games and Equilibrium Selection," Econometrica, Econometric Society, vol. 61(5), pages 989-1018, September.
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    8. Kehoe, Timothy J, 1980. "An Index Theorem for General Equilibrium Models with Production," Econometrica, Econometric Society, pages 1211-1232.
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    Citations

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    Cited by:

    1. Beggs, A.W., 2015. "Regularity and robustness in monotone Bayesian games," Journal of Mathematical Economics, Elsevier, vol. 60(C), pages 145-158.
    2. Alan Beggs, 2015. "Learning in Monotone Bayesian Games," Economics Series Working Papers 737, University of Oxford, Department of Economics.

    More about this item

    Keywords

    Bayesian games; Monotone strategies; Index theory; Stability; Uniequeness; Regularity;

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

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