Working Paper
Dynamic games with hidden actions and hidden states
Abstract: We consider the large class of dynamic games in which each player?s actions are unobservable to the other players, and each player?s actions can influence a state variable that is unobservable to the other players. We develop an algorithm that solves for the subset of sequential equilibria in which equilibrium strategies are Markov in the privately observed state.
Keywords: Game theory;
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Bibliographic Information
Provider: Federal Reserve Bank of Minneapolis
Part of Series: Working Papers
Publication Date: 1997
Number: 583