Invariant Equilibrium in Discontinuous Bayesian Games

Invariant Equilibrium in Discontinuous Bayesian Games

Blog Article

We provide sufficient conditions on the Program Potentiometer primitives of a class of discontinuous Bayesian games such that all games in the class share equilibria.If a Bayesian game in the class also satisfies a weak efficiency condition, then we show its normal form is better-reply secure.The Samsung RZ32M7120WW Free Standing 315 Litres A+ Upright Freezer White invariance property then provides an existence result for all Bayesian games in the class.Results are shown for both pure strategy and behavioral strategy equilibrium.We illustrate the application of the results with an example of a class of contests with bid caps.