Strict robustness to incomplete information

被引:0
|
作者
Stephen Morris
Daisuke Oyama
Satoru Takahashi
机构
[1] Massachusetts Institute of Technology,Department of Economics
[2] University of Tokyo,Faculty of Economics
[3] National University of Singapore,Department of Economics
来源
The Japanese Economic Review | 2023年 / 74卷
关键词
Incomplete information; Robustness; Monotone potential; Sequential obedience; Information design;
D O I
暂无
中图分类号
学科分类号
摘要
We study a strict version of the notion of equilibrium robustness by Kajii and Morris (Econometrica 65:1283–1309, 1997) that allows for a larger class of incomplete information perturbations of a given complete information game, where with high probability, players believe that their payoffs are close to (but may be different from) those of the complete information game. We show that a strict monotone potential maximizer of a complete information game is strictly robust if either the game or the associated strict monotone potential is supermodular, and that the converse also holds in all binary-action supermodular games.
引用
收藏
页码:357 / 376
页数:19
相关论文
共 50 条