Showing 1 - 10 of 49
Persistent link: https://www.econbiz.de/10011771304
Persistent link: https://www.econbiz.de/10012173247
Persistent link: https://www.econbiz.de/10012174454
Persistent link: https://www.econbiz.de/10012656415
Persistent link: https://www.econbiz.de/10012410007
The value of information is examined in a single-agent environment with unawareness. Although the agent has a correct prior about events he is aware of and has a clear understanding of his available actions and payoffs, his unawareness may lead him to commit information processing errors and to...
Persistent link: https://www.econbiz.de/10011263576
We develop an approach to providing epistemic conditions for admissible behavior in games. Instead of using lexicographic beliefs to capture infinitely less likely conjectures, we postulate that players use tie-breaking sets to help decide among strategies that are outcome-equivalent given their...
Persistent link: https://www.econbiz.de/10011049856
This paper provides a set-theoretic model of knowledge and unawareness. A new property called Awareness Leads to Knowledge shows that unawareness of theorems not only constrains an agent’s knowledge, but also can impair his reasoning about what other agents know. For example, in contrast to Li...
Persistent link: https://www.econbiz.de/10010993576
Persistent link: https://www.econbiz.de/10009327372
Persistent link: https://www.econbiz.de/10011525278