Abstract
We generalize the results on the monotonicity of equilibria for network games with incomplete information. We show that not only is the distinction between strategic complements and strategic substitutes important in determining the nature of the Bayesian Nash equilibria, but the nature of the statistic itself is also determinant. We show that understanding the underlying forces behind people's choices may be of fundamental importance for a policy maker that wants to incentivize efficient behavior.
Original language | English |
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Pages (from-to) | 1635-1658 |
Number of pages | 24 |
Journal | International Economic Review |
Volume | 61 |
Issue number | 4 |
Early online date | 3 Jun 2020 |
DOIs | |
Publication status | Published - Nov 2020 |