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This paper provides a new characterization of belief consistency in extensive games. We show that all consistent assessments are supported by sequences of strategy profiles with the property that all actions with vanishing probability are played according to power functions of the sequence...
Persistent link: https://www.econbiz.de/10015323805
This paper provides a new characterization of belief consistency in extensive games. We show that all consistent assessments are supported by sequences of strategy profiles with the property that all actions with vanishing probability are played according to power functions of the sequence...
Persistent link: https://www.econbiz.de/10015400908