PURE STRATEGIES IN GAMES WITH PRIVATE INFORMATION

Authors
Citation
Ma. Khan et Yn. Sun, PURE STRATEGIES IN GAMES WITH PRIVATE INFORMATION, Journal of mathematical economics, 24(7), 1995, pp. 633-653
Citations number
40
Categorie Soggetti
Social Sciences, Mathematical Methods",Economics,"Mathematical, Methods, Social Sciences
ISSN journal
03044068
Volume
24
Issue
7
Year of publication
1995
Pages
633 - 653
Database
ISI
SICI code
0304-4068(1995)24:7<633:PSIGWP>2.0.ZU;2-7
Abstract
Pure strategy equilibria of finite player games with informational con straints have been discussed under the assumptions of finite actions, and of independence and diffuseness of information. We present a mathe matical framework, based on the notion of a distribution of a correspo ndence, that enables us to handle the case of countably infinite actio ns. In this context, we extend the Radner-Rosenthal theorems on the pu rification of a mixed-strategy equilibrium, and present a direct proof , as well as a generalized version of Schmeidler's large games theorem , on the existence of a pure strategy equilibrium, Our mathematical re sults pertain to the set of distributions induced by the measurable se lections of a correspondence with a countable range, and rely on the B ollobas-Varopoulos extension of the marriage lemma.