bayesian nash equilibrium
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Game Theory 101 (#64): Bayesian Nash Equilibrium
In games of incomplete information, a BNE is a set of strategies, one for each type of player, such that no type has incentive to change his or her strategy given th...
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Game Theory 101 (#66): Ex Ante and Interim Dominance
While dominance is straightforward in complete information games, incomplete information complicates matters. This lecture explains the two different types of domina...