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Belief-free equilibria in games with incomplete information

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  • Stefano, LOVO

Abstract

We de ne belief-free equilibria in two-player games with incomplete information as se- quential equilibria for which players' continuation strategies are best-replies, after every history, independently of their beliefs about the state of nature. We characterize a set of payo s that includes all belief-free equilibrium payo s. Conversely, any payo in the interior of this set is a belief-free equilibrium payo

Suggested Citation

  • Stefano, LOVO, 2007. "Belief-free equilibria in games with incomplete information," HEC Research Papers Series 884, HEC Paris.
    • Handle: RePEc:ebg:heccah:0884
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    References listed on IDEAS

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    More about this item

    Keywords

    repeated game with incomplete information; Harsanyi doctrine; belief-free equilibria;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games

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