Dynamic Games with Asymmetric Information: A Framework for Empirical Work*
为存在持续非对称信息的动态寡头市场构建了一个分析框架，使均衡策略易于计算和检验，并以电力行业为例说明其应用。
Abstract We develop a framework for the analysis of dynamic oligopolies with persistant sources of asymmetric information that enables applied analysis of situations of empirical importance that have been difficult to deal with. The framework generates policies that are “relatively” easy for agents to use while still being optimal in a meaningful sense, and is amenable to empirical research in that its equilibrium conditions can be tested and equilibrium policies are relatively easy to compute. We conclude with an example that endogenizes the maintenance decisions of electricity generators when the costs states of the generators are private information.