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Econometrica Vol. 87 No. 2 2019

Measurable Selection for Purely Atomic Games

Ziv Hellman1; Yehuda John Levy2

1 Department of Economics, Bar Ilan University · 2 Adam Smith Business School, University of Glasgow

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Abstract

A general selection theorem is presented constructing a measurable mapping from a state space to a parameter space under the assumption that the state space can be decomposed as a collection of countable equivalence classes under a smooth equivalence relation. It is then shown how this selection theorem can be used as a general purpose tool for proving the existence of measurable equilibria in broad classes of several branches of games when an appropriate smoothness condition holds, including Bayesian games with atomic knowledge spaces, stochastic games with countable orbits, and graphical games of countable degree—examples of a subclass of games with uncountable state spaces that we term purely atomic games. Applications to repeated games with symmetric incomplete information and acceptable bets are also presented.

DOI
10.3982/ecta15479
Volume
87
Issue
2
Pages
593-629
Language
en
Sources
bibtex:phds-export.bib openalex crossref

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