Matches in SemOpenAlex for { <https://semopenalex.org/work/W2063412004> ?p ?o ?g. }
Showing items 1 to 92 of
92
with 100 items per page.
- W2063412004 abstract "In a Bayesian game G, the players first receive private information on the state of nature and then simultaneously choose an action. We assume that the vector of actions a generates a signal g(a). A mechanism for G is a mapping [ mu ] from the set of states of nature S to the product sert of players’ actions A. [ mu ] is self-fulfilling if, given the information revealed by [ mu ] (namely, g([ mu ] )(s)) if the state of nature is s), no player can gain in unilaterally deviating from the action prescribed by the mechanism. Let SF(G) denote the set of payoffs achievable through an incentive compatible self-fulfilling mechanism. Examples show that SF(G) may not intersect the set N(G) of Nash equilibrium payoffs of G. Obviously, SF(G) and N(G) coincide if G is a game of complete information. Let E be an exchange economy with differential information. We associate a ( Bayesian) market game GE with E. In GE, the signal generated by the players’ actions is a vector of prices. We prove that the allocations achieved through a self-fulfilling mechanism in GE coincide with the rational expectations equilibrium allocations in E. In order to understand how self-fulfillingness can be achieved in a dynamic framework, we analyze the relationship between SF(G) and the Nash equilibria of the infinitely repeated game G [ infinity] generated by G. We show in particular that SF(G) can be interpreted as a set of inert solutions of G [ infinity]." @default.
- W2063412004 created "2016-06-24" @default.
- W2063412004 creator A5013128598 @default.
- W2063412004 creator A5021046780 @default.
- W2063412004 date "1996-01-01" @default.
- W2063412004 modified "2023-09-24" @default.
- W2063412004 title "Self-fulfilling mechanisms and rational expectations" @default.
- W2063412004 cites W1513038709 @default.
- W2063412004 cites W1941280795 @default.
- W2063412004 cites W1983910668 @default.
- W2063412004 cites W2040342499 @default.
- W2063412004 cites W2045214143 @default.
- W2063412004 cites W2087798591 @default.
- W2063412004 cites W2094814659 @default.
- W2063412004 cites W2110667918 @default.
- W2063412004 cites W2131368387 @default.
- W2063412004 cites W2160912374 @default.
- W2063412004 cites W2286842536 @default.
- W2063412004 hasPublicationYear "1996" @default.
- W2063412004 type Work @default.
- W2063412004 sameAs 2063412004 @default.
- W2063412004 citedByCount "1" @default.
- W2063412004 crossrefType "posted-content" @default.
- W2063412004 hasAuthorship W2063412004A5013128598 @default.
- W2063412004 hasAuthorship W2063412004A5021046780 @default.
- W2063412004 hasConcept C10138342 @default.
- W2063412004 hasConcept C105795698 @default.
- W2063412004 hasConcept C113336015 @default.
- W2063412004 hasConcept C114614502 @default.
- W2063412004 hasConcept C134306372 @default.
- W2063412004 hasConcept C144237770 @default.
- W2063412004 hasConcept C153517567 @default.
- W2063412004 hasConcept C162324750 @default.
- W2063412004 hasConcept C177142836 @default.
- W2063412004 hasConcept C177264268 @default.
- W2063412004 hasConcept C182306322 @default.
- W2063412004 hasConcept C199360897 @default.
- W2063412004 hasConcept C200594392 @default.
- W2063412004 hasConcept C202556891 @default.
- W2063412004 hasConcept C2780760161 @default.
- W2063412004 hasConcept C33923547 @default.
- W2063412004 hasConcept C41008148 @default.
- W2063412004 hasConcept C46814582 @default.
- W2063412004 hasConcept C7321624 @default.
- W2063412004 hasConcept C99221444 @default.
- W2063412004 hasConceptScore W2063412004C10138342 @default.
- W2063412004 hasConceptScore W2063412004C105795698 @default.
- W2063412004 hasConceptScore W2063412004C113336015 @default.
- W2063412004 hasConceptScore W2063412004C114614502 @default.
- W2063412004 hasConceptScore W2063412004C134306372 @default.
- W2063412004 hasConceptScore W2063412004C144237770 @default.
- W2063412004 hasConceptScore W2063412004C153517567 @default.
- W2063412004 hasConceptScore W2063412004C162324750 @default.
- W2063412004 hasConceptScore W2063412004C177142836 @default.
- W2063412004 hasConceptScore W2063412004C177264268 @default.
- W2063412004 hasConceptScore W2063412004C182306322 @default.
- W2063412004 hasConceptScore W2063412004C199360897 @default.
- W2063412004 hasConceptScore W2063412004C200594392 @default.
- W2063412004 hasConceptScore W2063412004C202556891 @default.
- W2063412004 hasConceptScore W2063412004C2780760161 @default.
- W2063412004 hasConceptScore W2063412004C33923547 @default.
- W2063412004 hasConceptScore W2063412004C41008148 @default.
- W2063412004 hasConceptScore W2063412004C46814582 @default.
- W2063412004 hasConceptScore W2063412004C7321624 @default.
- W2063412004 hasConceptScore W2063412004C99221444 @default.
- W2063412004 hasLocation W20634120041 @default.
- W2063412004 hasOpenAccess W2063412004 @default.
- W2063412004 hasPrimaryLocation W20634120041 @default.
- W2063412004 hasRelatedWork W1014959758 @default.
- W2063412004 hasRelatedWork W1765661987 @default.
- W2063412004 hasRelatedWork W195650230 @default.
- W2063412004 hasRelatedWork W2017067312 @default.
- W2063412004 hasRelatedWork W2033153508 @default.
- W2063412004 hasRelatedWork W2063979082 @default.
- W2063412004 hasRelatedWork W2115620394 @default.
- W2063412004 hasRelatedWork W2150924549 @default.
- W2063412004 hasRelatedWork W2310816885 @default.
- W2063412004 hasRelatedWork W2931350847 @default.
- W2063412004 hasRelatedWork W2950476139 @default.
- W2063412004 hasRelatedWork W2963685525 @default.
- W2063412004 hasRelatedWork W3011040758 @default.
- W2063412004 hasRelatedWork W3044145162 @default.
- W2063412004 hasRelatedWork W3079197845 @default.
- W2063412004 hasRelatedWork W3121295151 @default.
- W2063412004 hasRelatedWork W3121819719 @default.
- W2063412004 hasRelatedWork W3122359069 @default.
- W2063412004 hasRelatedWork W3152037775 @default.
- W2063412004 hasRelatedWork W3210033667 @default.
- W2063412004 isParatext "false" @default.
- W2063412004 isRetracted "false" @default.
- W2063412004 magId "2063412004" @default.
- W2063412004 workType "article" @default.