A global game with strategic substitutes and complements: Comment

• 成果类型: Editorial Material
• 署名作者: Hoffmann, Eric J.; Sabarwal, Tarun
• 署名单位: University of Kansas
• 刊物名称: GAMES AND ECONOMIC BEHAVIOR
• ISSN/ISSBN: 0899-8256
• DOI: 10.1016/j.geb.2015.06.002
• 发表日期: 2015
• 页码: 188-190
• 关键词: Global games; Strategic complements; Strategic substitutes; monotone games; equilibrium selection

摘要

In Karp et al. (2007), an argument is made to show existence of Bayesian-Nash equilibrium in global games that may include both strategic substitutes and complements. This note documents a gap in the proof of that statement. (C) 2015 Elsevier Inc. All rights reserved.