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On the existence of Nash equilibrium in Bayesian games

Listed author(s):
  • Oriol Carbonell-Nicolau

    ()

    (Rutgers University)

  • Richard McLean

    ()

    (Rutgers University)

We furnish conditions on the primitives of a Bayesian game that guarantee the existence of a Bayes-Nash equilibrium. We consider spaces of distributional and behavioral strategies, and highlight the relationship between their respective topologies, which implies that the two spaces are mutually interchangeable throughout the analysis. By allowing for payoff discontinuities in actions, we cover various applications that cannot be handled by extant results.

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Paper provided by Rutgers University, Department of Economics in its series Departmental Working Papers with number 201402.

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Length: 20 pages
Date of creation: 18 May 2014
Handle: RePEc:rut:rutres:201402
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Web page: http://economics.rutgers.edu/

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