Research Details

Abstract

We study games with incomplete information from a point of view which emphasizes the empirical predictions arising from game-theoretic models. Using the notion of "distributional" strategies, we prove four main theorems: (i) a mixed-strategy Nash equilibrium existence theorem, (ii) a pure-strategy equilibrium existence theorem, (iii) a pure-strategy ?-equilibrium existence theorem, and (iv) a theorem describing how the set of equilibria of a game varies with the parameters of the game.

Type

Article

Author(s)

Paul R. Milgrom, Robert Weber

Date Published

1985

Citations

Milgrom, Paul R., and Robert Weber. 1985. Distributional Strategies for Games with Incomplete Information. Mathematics of Operations Research.(4): 619-632.