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Pahlke, Marieke: Essays on Dynamic Consistency in Games with Ambiguous Information. 2021
Inhalt
General Introduction
Dynamic Consistency in Incomplete Information Games with Multiple Priors
Introduction
Model
Dynamic Inconsistency
Beliefs
Ex-Ante and Interim Equilibria
Definition and Existence
Relation of Ex-Ante and Interim Equilibria
Sequential Equilibria
Sequential Rationality and Rectangularity
Properties of Sequential Equilibria
Conclusion and Discussion
Appendix
Proofs
Further Results
Examples
Dynamic Consistency in Ambiguous Persuasion
Introduction
Model
Model of BLL
Dynamically Consistent Belief Formation Process
Dynamic Consistency and PBE
Value of Information
Conclusion and Discussion
Dynamic Consistency in Ambiguous Dutch Auctions
Introduction
Ambiguous Dutch Auction
Basic Setting
The Modified Dutch Mechanism (MDM)
Information and Strategies of Buyers
Updating Beliefs and Worst-Case Belief
Worst-Case Belief of Bose and Daripa (2009)
Dynamically Consistent Buyers
Rectangularity
Rectangular Worst-Case Beliefs
Surplus Extraction under Dynamic Consistency
Numerical Example
Rectangularity versus Consistent Planning
Consistent Planning in the Ambiguous Dutch Auction
Consistent Planning and Rectangularity
Conclusion and Discussion
Appendix
Derivation Worst-Case Belief
Proofs of Section 3.3
Correction of the Results of Bose and Daripa (2009)
Bibliography