Perfect Bayesian equilibrium. Part II: epistemic foundations.

In a companion paper we introduced a general notion of perfect Bayesian equilibrium which can be applied to arbitrary extensive-form games. The essential ingredient of the proposed definition is the qualitative notion of AGM-consistency. In this paper we provide an epistemic foundation for AGM-consistency based on the AGM theory of belief revision.

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Year of publication:	2011-01-19
Authors:	Bonanno, Giacomo
Institutions:	Economics Department, University of California-Davis
Subject:	belief revision \| common prior \| plausibility order \| perfect Bayesian equilibrium \| consistency \| sequential equilibrium

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 111 2 pages long
Classification:	C7 - Game Theory and Bargaining Theory
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008917374