Showing 1 - 10 of 12
Static or dynamic equilibrium notions used in game theory may be justified along two perspectives. From an epistemic point of view, equilibria are grounded on the reasoning of hyper-intelligent players who share a common knowledge of the game structure and of their rationality. If a...
Persistent link: https://www.econbiz.de/10011187216
One main topic of the epistemic program of game theory deals with the value of information. To study this question in a broad context, one needs to adapt some of the tools used in multiplayer epistemic logic. A hierarchical belief structure is introduced both in a syntactical and semantical...
Persistent link: https://www.econbiz.de/10010738448
The genesis of institutions can be treated by game theory, which is expressed at a sufficiently general level, considers direct relations among agents not mediated by former institutions and respects a sophisticated methodological individualism. In that framework, if interested not in the...
Persistent link: https://www.econbiz.de/10005078883
One main topic of the epistemic program of game theory deals with the value of information. To study this question in a broad context, one needs to adapt some of the tools used in multiplayer epistemic logic. A hierarchical belief structure is introduced both in a syntactical and semantical...
Persistent link: https://www.econbiz.de/10005797754
This paper aims at providing a possible explanation for the seemingly peripheral role played by spatial economics in modern economic theory. It considers sucessively five points of view according to which space is introduced in economic models and assesses their contributions and limits.
Persistent link: https://www.econbiz.de/10008505610
The paper studies a specific reinforcement learning rule in two-player games when each player faces a unidimensional strategy set. The essential feature of the rule is that a player keeps on incrementing her strategy in the same direction if and only if her utility increases. The paper...
Persistent link: https://www.econbiz.de/10009207112
[fre] En dehors du concept de surplus au sens marxiste du terme, il existe deux notions de surplus classiquement utilisées par les économistes : le surplus micro­économique et le surplus de productivité globale des facteurs. Après un rappel de leurs définitions respectives, on les...
Persistent link: https://www.econbiz.de/10008617774
Persistent link: https://www.econbiz.de/10008621249
[fre] L'article établit un survey des contributions récentes concernant les anticipations des agents économiques et leur influence sur les équilibres économiques, à l'exclusion du problème des tests empiriques des schémas d'anticipation et de l'analyse des conséquences de politique...
Persistent link: https://www.econbiz.de/10008623846
[eng] Epistemic logic and game theory. . Epistemic logic and game theory study agents knowledge as constituted of either propositions or events, but their frameworks are nevertheless strongly related. If the second allows probabilized knowledge, the first one allows weakened knowledge, each...
Persistent link: https://www.econbiz.de/10008624515