no code implementations • 20 Nov 2023 • Richard McLean, Ichiro Obara, Andrew Postlewaite
We characterize the limit equilibrium payoff set and identify the conditions for the folk theorem to hold with uniformly strict equilibrium.
no code implementations • 2 May 2023 • Tatiana Daddario, Richard P. McLean, Andrew Postlewaite
In the first stage, we exploit correlation in the firms signals about the state to induce truthful reporting of observed signals.
no code implementations • 14 Jan 2021 • Minji Bang, Wayne Yuan Gao, Andrew Postlewaite, Holger Sieg
This paper develops a new method for identifying econometric models with partially latent covariates.