Invariance to representation of information
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Under weak assumptions on the solution concept, I construct an invariant selection across all finite type spaces, in which the types with identical information play the same action. Along the way, I establish an interesting lattice structure for finite type spaces and construct an equilibrium on the space of all finite types. Keywords: invariant selection, invariance, equilibrium, universal type space
DepartmentMassachusetts Institute of Technology. Department of Economics
Games and Economic Behavior
Yildiz, Muhamet. “Invariance to Representation of Information.” Games and Economic Behavior, vol. 94, Nov. 2015, pp. 142–56.
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