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Author:Hurkens, S.
Vulkan, N.
Title:Endogenous private information structures
Journal:European Economic Review
2006 : JAN, VOL. 50:1, p. 35-54
Index terms:information
models
Language:eng
Abstract:This study formally incorporates the option to gather information (hereafter as: info.) into a game (here as: g.), thus endogenizing the info. structure. It is asked whether models with exogenous info. structures are robust with respect to this endogenization. Any Nash equilibrium (here as: N-eq.) of the g. with info. acquisition induces a N-eq. in the corresponding g. with an exogenous structure. Sufficient conditions on the structure of the g. are provided.
SCIMA record nr: 259829
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