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.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 95-16

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Nehring, Klaus
Ereignis
Veröffentlichung
(wer)
University of California, Department of Economics
(wo)
Davis, CA
(wann)
1995

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

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

Entstanden

  • 1995

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