pith. sign in

arxiv: 2504.16240 · v3 · pith:HMIXPUH5new · submitted 2025-04-22 · 💰 econ.TH

Existence of Bayesian Equilibria in Incomplete Information Games without Common Priors

classification 💰 econ.TH
keywords gamesinformationabsolutebayesianbeliefscommoncontinuityequilibria
0
0 comments X
read the original abstract

This paper focuses on finite-player incomplete information games where players may hold mutually inconsistent beliefs without a common prior. We introduce absolute continuity of beliefs, extending the classical notion of absolute continuity of information in Milgrom and Weber (1985), and prove that Bayesian equilibria exist in a broad class of games, including those with discontinuous payoffs. Examples illustrate the scope and implications of our findings.

This paper has not been read by Pith yet.

discussion (0)

Sign in with ORCID, Apple, or X to comment. Anyone can read and Pith papers without signing in.