Order on types based on monotone comparative statics
This paper introduces a novel concept of orders on types by which the so-called monotone comparative statics is valid in all supermodular games with incomplete information. We fully characterize this order in terms of what we call common optimism, providing a sense in which our order has a sharp epi...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2020
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soe_research/2451 https://ink.library.smu.edu.sg/context/soe_research/article/3450/viewcontent/order_on_types_May_26_2020.pdf |
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| Institution: | Singapore Management University |
| Language: | English |