Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
9726382 | Journal of Economic Theory | 2005 | 33 Pages |
Abstract
We address the question of existence of equilibrium in general timing games with complete information. Under weak assumptions, any two-player timing game has a Markov subgame perfect ε-equilibrium, for each ε>0. This result is tight. For some classes of games (symmetric games, games with cumulative payoffs), stronger existence results are established.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Rida Laraki, Eilon Solan, Nicolas Vieille,