Muñoz-Garcia (2012) describes a systematic five-step procedure for finding perfect Bayesian equilibria in incomplete information games.

October 24, 2024October 24, 2024

Muñoz-Garcia (2012) describes a systematic five-step procedure for finding perfect Bayesian equilibria in incomplete information games. Study the article and make a video presentation illustrating the application of this procedure to the signaling game between a monetary authority and a labour union worked out in the paper (the suggested procedure is applied to test two separating and two pooling strategy profiles).

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