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Games with Private Timing

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  • Sofia Moroni

Abstract

We study a class of games in which the timing of players' moves is privateinformation, but players have the option to disclose their moves byexerting a small cost. When the underlying game is a coordination game,we characterize the set of distributions of moving times such that the gamehas the following unique prediction: Players choose the best coordinationequilibrium and do not disclose their action. This implies that the possibilityof disclosure selects an equilibrium in which the best action pro le istaken but nothing is disclosed. In games of opposing interests, we providesufficient conditions for the fi rst-arriving player to disclose her action. Inextensions we allow for, among others, partial control over timing.

Suggested Citation

  • Sofia Moroni, 2018. "Games with Private Timing," Working Paper 6400, Department of Economics, University of Pittsburgh.
    • Handle: RePEc:pit:wpaper:6400
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    References listed on IDEAS

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    1. Roger Lagunoff & Akihiko Matsui, 1997. "Asynchronous Choice in Repeated Coordination Games," Econometrica, Econometric Society, vol. 65(6), pages 1467-1478, November.
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    3. Guillermo Caruana & Liran Einav, 2008. "A Theory of Endogenous Commitment," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 75(1), pages 99-116.
    4. Sofia Moroni, 2015. "Existence of trembling hand equilibrium in revision games with imperfect information," Working Paper 5874, Department of Economics, University of Pittsburgh.
    5. Yoon, Kiho, 2001. "A Folk Theorem for Asynchronously Repeated Games," Econometrica, Econometric Society, vol. 69(1), pages 191-200, January.
    6. , & ,, 2008. "Caller Number Five and related timing games," Theoretical Economics, Econometric Society, vol. 3(2), June.
    7. Matsui, Akihiko, 1989. "Information leakage forces cooperation," Games and Economic Behavior, Elsevier, vol. 1(1), pages 94-115, March.
    8. Mailath, George J. & Samuelson, Larry, 2006. "Repeated Games and Reputations: Long-Run Relationships," OUP Catalogue, Oxford University Press, number 9780195300796.
    9. , & , & , & ,, 2014. "Asynchronicity and coordination in common and opposing interest games," Theoretical Economics, Econometric Society, vol. 9(2), May.
    10. Benoit, Jean-Pierre & Krishna, Vijay, 1985. "Finitely Repeated Games," Econometrica, Econometric Society, vol. 53(4), pages 905-922, July.
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    Cited by:

    1. Emmanuel Dechenaux & Shakun D. Mago, 2023. "Contests with revisions," Experimental Economics, Springer;Economic Science Association, vol. 26(4), pages 915-954, September.
    2. Sofia Moroni, 2020. "Existence of Trembling hand perfect and sequential equilibrium in Stochastic Games," Working Paper 6837, Department of Economics, University of Pittsburgh.

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