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2 votes
0 answers
359 views

A Perfect Bayesian Bargaining problem

Thought I'd post interesting questions that come my way to try and boost activity! A seller and a buyer negotiate over trade of a single indivisible good. The good is either of low quality (in which ...
Brian's user avatar
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9 votes
1 answer
2k views

Take-it-or-leave-it PBE

I've found an interesting question looking at perfect-bayesian-equilibrium. I haven't seen a question where beliefs are not discrete. There is a single potential buyer of an object which has zero ...
Brian's user avatar
  • 431
2 votes
0 answers
72 views

How this ex ante game induce a uniform distribution for interim stage?

In an article (see here) from the blog leisure of theory class, it is shown, in an interim stage for a Baysian game, we could run into a technical problem that the induced belief space for a player ...
Metta World Peace's user avatar