AXIOMATIC CHARACTERIZATIONS OF SOLUTIONS FOR BAYESIAN GAMES

Citation
R. Vanheumen et al., AXIOMATIC CHARACTERIZATIONS OF SOLUTIONS FOR BAYESIAN GAMES, Theory and decision, 40(2), 1996, pp. 103-129
Citations number
14
Categorie Soggetti
Social Sciences, Mathematical Methods
Journal title
ISSN journal
00405833
Volume
40
Issue
2
Year of publication
1996
Pages
103 - 129
Database
ISI
SICI code
0040-5833(1996)40:2<103:ACOSFB>2.0.ZU;2-A
Abstract
Bayesian equilibria are characterized by means of consistency and one- person rationality in combination with non-emptiness or converse consi stency. Moreover, strong and coalition-proof Bayesian equilibria of ex tended Bayesian games are introduced and it is seen that these notions can be characterized by means of consistency, one-person rationality, a version of Pareto optimality and a modification of converse consist ency. It is shown that, in case of the strong Bayesian equilibrium cor respondence, converse consistency can be replaced by non-emptiness. As examples we treat Bayesian potential games and Bayesian congestion ga mes.