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1. Existence of equilibrium in Bayesian games with infinitely many players

Author

Taesung Kim and Yannelis, Nicholas C.

Subjects
Bayesian statistical decision theory -- Models, Game theory -- Models, Equilibrium (Economics) -- Models, Business, Economics
Abstract

An information partition strategy was employed to confirm the presence of a Bayesian Nash equilibrium in a Bayesian game with infinitely many players. The strategy permits the action set of an individual to rely on the condition of nature and to become a subset of an infinite dimensional space. Existence theorems with set of agents that can either be categorized as infinite set or a measure space were also utilized.

Published
1997

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