Showing 1 - 10 of 1,200
Persistent link: https://www.econbiz.de/10008765545
Persistent link: https://www.econbiz.de/10001741301
We use an interactive epistemology framework to provide a systematic analysis of some solution concepts for games with asymmetric information. We characterize solution concepts using expressible epistemic assumptions, represented as events in the universal type space generated by primitive...
Persistent link: https://www.econbiz.de/10014202220
A central aspect of strategic reasoning in sequential games consists in anticipating how co-players would react to information about past play, which in turn depends on how co-players update and revise their beliefs. Several notions of belief system have been used to model how players’ beliefs...
Persistent link: https://www.econbiz.de/10014077550
The standard extensive-form partitional representation of information in sequential games fails to distinguish the description of the rules of interaction from the description of players' personal traits. Indeed, such representation does not model how the information given to players as per the...
Persistent link: https://www.econbiz.de/10014357330
Persistent link: https://www.econbiz.de/10015142000
Persistent link: https://www.econbiz.de/10003913506
Frustration, anger, and aggression have important consequences for economic and social behavior, concerning for example monopoly pricing, contracting, bargaining, traffic safety, violence, and politics. Drawing on insights from psychology, we develop a formal approach to exploring how...
Persistent link: https://www.econbiz.de/10010496082
Persistent link: https://www.econbiz.de/10009736481
Persistent link: https://www.econbiz.de/10003213764