Faculty of Economics, Yokohama National University
抄録
This paper proposes the use of Bayesian potential games as models of informationally decentralized organizations. Applying techniques in team decision problems by Radner (1962, Ann. Math. Statist. 33, 857–881), this paper characterizes Bayesian Nash equilibria in terms of Bayesian potentials and demonstrates by examples that Bayesian potentials are useful tools in studying the efficient use of information in organizations.
Bayesian potentials and information structures: Team decision problems revisited
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