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The robustness of Aumann’s seminal agreement theorem with respect to the common prior assumption is considered. More precisely, we show by means of an example that two Bayesian agents with almost identical prior beliefs can agree to completely disagree on their posterior beliefs. Besides, a...
Persistent link: https://www.econbiz.de/10010682572
We provide a foundation for correlated rationalizability by means of pairwise epistemic conditions imposed only on some pairs of players. Indeed, we show that pairwise mutual belief, for some pairs of players, of (i) the game payoffs, (ii) rationality, and (iii) deeming possible only strategy...
Persistent link: https://www.econbiz.de/10010719756