Article ID Journal Published Year Pages File Type
9726382 Journal of Economic Theory 2005 33 Pages PDF
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
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