Continuity of the value and optimal strategies when common priors change
نویسندگان
چکیده
منابع مشابه
Continuity of the value and optimal strategies when common priors change
We show that the value of a zero-sum Bayesian game is a Lipschitz continuous function of the playerscommon prior belief, with respect to the total variation metric on beliefs. This is unlike the case of general Bayesian games, where lower semi-continuity of Bayesian equilibrium (BE) payo¤s rests on the "almost uniform" convergence of conditional beliefs. We also show upper semi-continuity (USC...
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ژورنال
عنوان ژورنال: International Journal of Game Theory
سال: 2010
ISSN: 0020-7276,1432-1270
DOI: 10.1007/s00182-010-0248-4