On the existence of Nash equilibrium in Bayesian games

O Carbonell-Nicolau… - Mathematics of Operations …, 2018 - pubsonline.informs.org
On the Existence of Nash Equilibrium in Bayesian Games Page 1 MATHEMATICS OF
OPERATIONS RESEARCH Vol. 43, No. 1, February 2018, pp. 100–129 http://pubsonline.informs.org/journal/moor …

First‐price auctions with budget constraints

MH Kotowski - Theoretical Economics, 2020 - Wiley Online Library
Consider a first‐price sealed‐bid auction with interdependent valuations and private budget
constraints. Focusing on the two‐bidder case, we identify new sufficient conditions for the …

Existence of equilibria in discontinuous Bayesian games

W He, NC Yannelis - Journal of Economic Theory, 2016 - Elsevier
We provide easily-verifiable sufficient conditions on the primitives of a Bayesian game to
guarantee the existence of a behavioral-strategy Bayes–Nash equilibrium. We allow players' …

[PDF][PDF] Nash equilibria in a two-person discrete all-pay auction with unfair tiebreak and complete information

H Otsubo - Economics Bulletin, 2015 - researchgate.net
This note provides a full characterization of the set of Nash equilibria in the two-person all-
pay auction with discrete strategy space and complete information where bidders are treated …

Monotone equilibrium of two-bidder all-pay auctions Redux

J Lu, SO Parreiras - Games and Economic Behavior, 2017 - Elsevier
In this paper, we revisit the two-bidder asymmetric all-pay auction of Amann and Leininger
(1996) by allowing interdependent values and correlated signals. Both values and signals …

The all‐pay auction with nonmonotonic payoff

SM Chowdhury - Southern Economic Journal, 2017 - Wiley Online Library
I model innovation contests as an all‐pay auction in which it is possible not to achieve
successful innovation despite costly R&D investments, and as a result, there is no winner. In …

Equilibrium existence and approximation of regular discontinuous games

LI De Castro - Economic Theory, 2011 - Springer
Many conditions have been introduced to ensure equilibrium existence in games with
discontinuous payoff functions. This paper introduces a new condition, called regularity, that …

Selection of entrepreneurs in the venture capital industry: An asymptotic analysis

R Elitzur, A Gavious - European Journal of Operational Research, 2011 - Elsevier
We study a model of entrepreneurs who compete in an auction-like setting for venture
capital (VC) funding in a setting where limited capital dictates that the VC can only finance …

On the continuous equilibria of affiliated-value, all-pay auctions with private budget constraints

MH Kotowski, F Li - Games and Economic Behavior, 2014 - Elsevier
We consider all-pay auctions in the presence of interdependent, affiliated valuations and
private budget constraints. For the sealed-bid, all-pay auction we characterize a symmetric …

Pure strategy equilibria of single and double auctions with interdependent values

A Araujo, LI de Castro - Games and Economic Behavior, 2009 - Elsevier
We prove the existence of monotonic pure strategy equilibrium for many kinds of asymmetric
auctions with n bidders and unitary demands, interdependent values and independent …