Bayesian and Consistent Assessments

In a Bayesian assessment beliefs are computed from the strategy profile following Bayes’ rule at positive probability information sets and for every subgame. We characterize the set of extensive-forms (extensive-form games without a payoff assignment) for which the sets of Bayesian assessments and consistent assessments coincide. In doing so we disentangle the different restrictions imposed by consistency across information sets.

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Year of publication:	2009-11
Authors:	Pimienta, Carlos
Institutions:	School of Economics, UNSW Business School
Subject:	Backwards induction \| Bayesian assessments \| Consistent assessments \| Sequential equilibrium \| Extensive-forms

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Extent:	application/pdf
Series:	Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 2009-13 29 pages
Classification:	C62 - Existence and Stability Conditions of Equilibrium ; C72 - Noncooperative Games ; D80 - Information and Uncertainty. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008491351