STRATEGY       Games with Asymmetric Information

10.1   GAMES OF INCOMPLETE INFORMATION

Key ideas: Bayesian games, common knowledge, Nature’s move, Bayesian Nash equilibrium is simultaneous and sequential move games, the two common auctions

10.2   REFINEMENTS OF BAYESIAN NASH EQUILIBRIUM

Key Ideas: Perfect Bayesian Equilibrium, Trembling-hand perfection, sequential equilibrium, Intuitive Criterion

10.3   GAMES WITH UNOBSERVABLE STRATEGIES AND PUBLIC SIGNALS

Key ideas: infinitely repeated production game, trigger strategy, Cournot equilibrium, Pareto preferred Nash                equilibrium