All Questions
8 questions
5
votes
1
answer
122
views
About Two Methods of Computing Bayesian Equilibria
Question
I want to compute the Bayesian equilibria for the following Bayesian game:
With probability $p$, player 1 would be of type 1.1. With probability $1-p$, player 1 would be of type 1.2. Player ...
0
votes
1
answer
95
views
Auction with independent private values - An example from Game Theory: Analysis of Conflict by Roger Myerson
I have difficulties understanding the equilibrium analysis of the following auction game:
Suppose that there are $n$ bidders in an auction for a single indivisible object. Each player knows privately ...
4
votes
0
answers
106
views
Perfect Bayesian Equilibium - Application to game with inconsistent beliefs / no common prior
Does the concept of a Perfect Bayesian Equilibrium apply only to incomplete games with a common prior / consistent belief?
In both Bonanno's "Game Theory" and Osborne's "A Course in ...
4
votes
1
answer
70
views
Equivalence from correlated/communication equilibrium to Nash Equilibrium?
Taking into account the seminal papers of Forges and Imre Bárány, they proove a very strong result that gives an exact connection among the communication and the correlation equilibrium solution ...
4
votes
1
answer
71
views
Correlation device that induces a specific transition probability
Taking a look at this paper of Forges and Vida the authors define a correlation device in page $102$, that is a standard probability space $\left(\Omega,\mathcal{B},\mu\right)$, They assume that the ...
1
vote
0
answers
40
views
What if Bergemann and Morris setting used mixed (or bbehavioral) actions instead of pure actions as reccomendations?
Once again, I will refer to the setting of Bergemann and Morris (2016) and write here the payoff formula of player $i$ from the perspective of the information designer. The payoff formula is the ...
3
votes
1
answer
73
views
Bergemann and Morris information designer and decision rule concept
Taking a look in the paper of Bergemman and Morris in 2016, they refer to the desicion rule as mapping
$$\sigma:\Theta\times T\to\Delta(A)$$
The explanation to understand the notion of it is given as ...
3
votes
1
answer
108
views
Bayes correlated equilibrium of Bergemann and Morris
The paper of Bergemann and Morris proves a theorem based on some foundations about the information sets and their expansions. I am trying to understand theorem one intuition, more precisely I cite the ...