Incomplete‐information games in large populations with anonymity

نویسندگان

چکیده

The paper provides theoretical foundations for models of strategic interdependence under uncertainty that have a continuum agents and decomposition into macro component an agent‐specific micro component, with law large numbers the latter. This macro–micro is implied by condition exchangeability agents' types, which holds at level prior if only it also beliefs, i.e., posteriors. Under additional anonymity in payoffs, behaviors are fully determined their beliefs about cross‐section distribution types other variables, strategies. Any probability over distributions variables compatible specified belief system, but not every function from to such common prior. gives necessary sufficient conditions compatibility

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ژورنال

عنوان ژورنال: Theoretical Economics

سال: 2022

ISSN: ['1555-7561', '1933-6837']

DOI: https://doi.org/10.3982/te4066