Equilibrium existence in global games with general payoff structures

We consider global games with general payoff structures and prove existence of equilibrium. This shows that the global games’ method is well defined with arbitrary strategic interaction among players, thus providing a foundation for the study of more general equilibrium behavior, especially as resea...

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Veröffentlicht in:	Economic theory bulletin 2019-05, Vol.7 (1), p.105-115
Hauptverfasser:	Hoffmann, Eric J., Sabarwal, Tarun
Format:	Artikel
Sprache:	eng
Schlagworte:	Complementarity Congestion Economic theory Economic Theory/Quantitative Economics/Mathematical Methods Economics Economics and Finance Equilibrium Game Theory Games Macroeconomics/Monetary Economics//Financial Economics Payoffs Public Finance Research Article Social and Behav. Sciences
Online-Zugang:	Volltext
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