Jouini, Elyès; Napp, Clotilde; Viossat, Yannick - HAL - 2012
We provide a discipline for belief formation through a model of subjective beliefs, in which agents hold strategic … beliefs. More precisely, we consider beliefs as a strategic variable that agents can choose (consciously or not) in order to … maximize their utility at the equilibrium. These strategic beliefs result from an evolutionary process. We find that …