Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7359563 | Journal of Economic Theory | 2016 | 14 Pages |
Abstract
We provide easily-verifiable sufficient conditions on the primitives of a Bayesian game to guarantee the existence of a behavioral-strategy Bayes-Nash equilibrium. We allow players' payoff functions to be discontinuous in actions, and illustrate the usefulness of our results via an example of an all-pay auction with general tie-breaking rules which cannot be handled by extant results.
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Economics and Econometrics
Authors
Wei He, Nicholas C. Yannelis,