Arbeitspapier

Incentive-Compatibility in Large Games

We argue that large games are of analytical interest partly because they can be understood in terms of a unifying condition of incentive-compatibility, strategyproofness. In contrast to finite games, strategy-proofness applies not only to dominantstrategy equilibria, but also to a large class of Nash equilibria and to Bayesian Nash equilibria with independent types. Based on Kolmogorov''s zero-one law, it is also shown that Bayesian Nash equilibria coincide with a class of Nash equilibria in games of incomplete information when there is a countably infinite number of players and types are independent.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 95-16

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Nehring, Klaus
Event
Veröffentlichung
(who)
University of California, Department of Economics
(where)
Davis, CA
(when)
1995

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Nehring, Klaus
  • University of California, Department of Economics

Time of origin

  • 1995

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