Dynamic games with hidden actions and hidden states

Authors
Cole, HL Kocherlakota, N
Citation
Hl. Cole et N. Kocherlakota, Dynamic games with hidden actions and hidden states, J ECON THEO, 98(1), 2001, pp. 114-126
Citations number
9
Categorie Soggetti
Economics
Journal title
JOURNAL OF ECONOMIC THEORY
ISSN journal
00220531 → ACNP
Volume
98
Issue
1
Year of publication
2001
Pages
114 - 126
Database
ISI
SICI code
0022-0531(200105)98:1<114:DGWHAA>2.0.ZU;2-G
Abstract
We consider a class of dynamic games in which each player's actions are uno bservable to the other players and each player's actions can influence a st ate variable that is unobservable to the other players. We develop an algor ithm that solves for the subset of sequential equilibria in which equilibri um strategies depend on private information only through the privately obse rved state. (C) 2001 Academic Press.