haku: @author Hurkens, S. / yhteensä: 3
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| Tekijä: | Hurkens, S. Vulkan, N. |
| Otsikko: | Endogenous private information structures |
| Lehti: | European Economic Review
2006 : JAN, VOL. 50:1, p. 35-54 |
| Asiasana: | information models |
| Kieli: | eng |
| Tiivistelmä: | 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. |
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