◼ Introduction to static games of incomplete information ◼ Normal-form (or strategic-form) representation of static Bayesian games ◼ Bayesian Nash equilibrium ◼ Auction
Introduction This lecture continues the analysis of normal-form games. We analyze general, non-zerosum games, emphasizing the informal\equation\: Rational Behavior+ Assumptions about Beliefs=Solution Concepts Before we tackle the new material, let us review what we have learned about zerosum
Eco514 Game Theory Problem Set 5: Due Tuesday, November 23 From OR:226.1,227.1,229.1,237.1,243.1 For 243.1, also prove that the reputational equilibrium is sequential