4 research outputs found

    ESSAYS ON MECHANISM DESIGN

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    Ph.DDOCTOR OF PHILOSOPH

    Economies and Games with Many Agents

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    Ph.DDOCTOR OF PHILOSOPH

    On purification of equilibrium in Bayesian games and expost Nash equilibrium

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    Treating games of incomplete information, we demonstrate that the existence of an ex post stable strategy vector implies the existence of an approximate Bayesian equilibrium in pure strategies that is also expost stable. Through examples we demonstrate the 'bounds obtained on the approximation' are tight
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