Maximum Likelihood Equilibria of Games with Population Uncertainty

M. Voorneveld

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Abstract

In the games with population uncertainty introduced in this paper, the number and identity of the participating players are determined by chance.Games with population uncertainty are shown to include Poisson games and random-player games.The paper focuses on those strategy profiles that are most likely to yield a Nash equilibrium in the game selected by chance.Existence of maximum likelihood equilibria is established under mild topological conditions.
Original languageEnglish
Place of PublicationTilburg
PublisherMicroeconomics
Number of pages9
Volume2000-79
Publication statusPublished - 2000

Publication series

NameCentER Discussion Paper
Volume2000-79

Keywords

  • Incomplete information
  • population uncertainty
  • maximum likelihood equilibria

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