Global Game Selections in Binary-Action Supermodular Games

Stephen Morris
Department of Economics, Massachusetts Institute of Technology

Daisuke Oyama
Faculty of Economics, University of Tokyo

and

Satoru Takahashi
Faculty of Economics, University of Tokyo
Department of Economics, National University of Singapore


Abstract
We characterize global game selections in binary-action supermodular games in terms of sequential obedience. Journal of Economic Literature Classification Numbers: C72, D82.
Key Words: Equilibrium selection, supermodular game, global game, sequential obedience.


This version: March 18, 2023. PDF file