2010-12-21Buch DOI: 10.18452/4289
Every Symmetric 3 x 3 Global Game of Strategic Complementarities Is Noise Independent
Daniëls, Tijmen R.
We prove that the global game selection in all 3 x 3 payoff-symmetric supermodular games is independent of the noise structure. As far as we know, all other proofs of noise independence of such games rely on the existence of a so-called monotone potential (MP) maximiser. Our result is more general, since some 3 x 3 symmetric supermodular games do not admit an MP maximiser. Moreover, a corollary is that noise independence does not imply the existence of an MP maximiser.
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Is Part Of Series: Sonderforschungsbereich 649: Ökonomisches Risiko - 61, SFB 649 Papers, ISSN:1860-5664
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