Selection-free predictions in global games with endogenous information and multiple equilibria

Global games with endogenous information often exhibit multiple equilibria. In this paper, we show how one can nevertheless identify useful predictions that are robust across all equilibria and that cannot be delivered in the common-knowledge counterparts of these games. Our analysis is conducted wi...

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Bibliographic Details
Main Authors: Angeletos, George-Marios (Contributor), Pavan, Alessandro (Author)
Other Authors: Massachusetts Institute of Technology. Department of Economics (Contributor)
Format: Article
Language:English
Published: The Econometric Society, 2013-12-23T20:28:51Z.
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