A Bayesian game (Harsanyi, 1967–68) adds to a game a type for each player, drawn from a common prior and known only to its owner; a strategy maps types to actions. A Bayes–Nash equilibrium is a strategy profile in which each type’s action maximises its expected payoff given its beliefs about the others’ types and their strategies.
Quantitative Finance · Glossaire
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Aussi appelé : Bayesian game · Bayes--Nash equilibrium