2014
DOI: 10.1016/j.jet.2014.06.005
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A game with no Bayesian approximate equilibria

Abstract: Simon (2003) presented an example of a 3-player Bayesian games with no Bayesian equilibria but it has been an open question whether or not there are games with no approximate Bayesian equilibria. We present an example of a Bayesian game with two players, two actions and a continuum of states that possesses no approximate Bayesian equilibria, thus resolving the question. As a side benefit we also have for the first time an an example of a 2-player Bayesian game with no Bayesian equilibria and an example of a st… Show more

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Cited by 19 publications
(31 citation statements)
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“…Purely atomic knowledge spaces were studied, as mentioned, in multiple works, for example, Simon (, ), Hellman (), Hellman and Levy (), Lehrer and Samet ().…”
Section: Bayesian Games With Purely Atomic Knowledge Spacesmentioning
confidence: 99%
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“…Purely atomic knowledge spaces were studied, as mentioned, in multiple works, for example, Simon (, ), Hellman (), Hellman and Levy (), Lehrer and Samet ().…”
Section: Bayesian Games With Purely Atomic Knowledge Spacesmentioning
confidence: 99%
“…In Bayesian games, Simon () presented an example of a three‐player Bayesian game over an uncountable state space that admits no measurable Bayesian equilibrium. This was further enhanced by an example in Hellman () of a two‐player Bayesian game that admits no measurable Bayesian ε ‐equilibrium for sufficiently small ε . More recently, Simon and Tomkowicz () have constructed an example of a three‐player Bayesian game that admits no measurable ex ante ε ‐equilibrium.…”
Section: Introductionmentioning
confidence: 99%
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