Search Results - subject:"finite belief hierarchy"

Pintér, Miklós; Udvari, Zsolt - Volkswirtschaftliche Fakultät, … - 2011

cannot handle the notions of finite belief hierarchy and unawareness among others. In this paper we consider a generalization …

Persistent link: https://www.econbiz.de/10009325558

Games of incomplete information without common knowledge priors

Sakovics, Jozsef - School of Economics, University of Edinburgh - 2004

We relax the assumption that priors are common knowledge, in the standard model of games of incomplete information. We make the realistic assumption that the players are boundedly rational: they base their actions on finite-order belief hierarchies. When the different layers of beliefs are...

Persistent link: https://www.econbiz.de/10005246004

Games of Incomplete Information Without Common Knowledge Priors

Sákovics, József - In: Theory and Decision 50 (2001) 4, pp. 347-366

Persistent link: https://www.econbiz.de/10005678320