Ely, Jeffrey C.; Peski, Marcin - In: Theoretical economics : TE ; an open access journal in … 1 (2006) 1, pp. 19-65
In games with incomplete information, conventional hierarchies of belief are incomplete as descriptions of the players … characterize the types in terms of their beliefs. Infinite hierarchies of beliefs <i>over conditional beliefs</i>, which we call … Delta-hierarchies, are what turn out to matter. We show that any two types in any two type spaces have the same …