Imperfectly observable commitments in n-player games

被引:15
|
作者
Guth, W
Kirchsteiger, G
Ritzberger, K
机构
[1] Humboldt Universitat Berlin, Inst Wirtschaftstheorie 3, D-10178 Berlin, Germany
[2] Tilburg Univ, CentER, NL-5000 LE Tilburg, Netherlands
[3] Inst Adv Studies, Dept Econ, A-1060 Vienna, Austria
关键词
commitments; imperfect observability; subgame perfection;
D O I
10.1006/game.1997.0602
中图分类号
F [经济];
学科分类号
02 ;
摘要
In a two-stage game where followers can observe moves by leaders only with noise, pure subgame perfect Nash equilibria of the limiting game without noise may not sun;ive arbitrarily small noise. Still. for almost all games, there exists a subgame perfect equilibrium outcome of the game with no noise that is approximated by equilibrium outcomes of games with small noise. This, however, depends crucially on generic payoffs and does not necessarily hold for all subgame perfect equilibria of the game without noise. (C) 1998 Academic Press.
引用
收藏
页码:54 / 74
页数:21
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