Showing 1 - 10 of 44
Persistent link: https://www.econbiz.de/10005709875
Consider a very simple class of (finite) games: after an initial move by nature, each player makes one move. Moreover, the players have common interests: at each node, all the players get the same payoff. We show that the problem of determining whether there exists a joint strategy where each...
Persistent link: https://www.econbiz.de/10005375638
Persistent link: https://www.econbiz.de/10010993376
Persistent link: https://www.econbiz.de/10005755697
Persistent link: https://www.econbiz.de/10005947426
Awareness has been shown to be a useful addition to standard epistemic logic. However, standard propositional logics for knowledge and awareness cannot express the fact that an agent knows that there are facts of which he is unaware without there being an explicit fact that the agent knows he is...
Persistent link: https://www.econbiz.de/10008483517
The relationship between Popper spaces (conditional probability spaces that satisfy some regularity conditions), lexicographic probability systems (LPS's), and nonstandard probability spaces (NPS's) is considered. If countable additivity is assumed, Popper spaces and a subclass of LPS's are...
Persistent link: https://www.econbiz.de/10008565458
Persistent link: https://www.econbiz.de/10005153737
One approach to representing knowledge or belief of agents, used by economists and computer scientists, involves an infinite hierarchy of beliefs. Such a hierarchy consists of an agent's beliefs about the state of the world, his beliefs about other agents' beliefs about the world, his beliefs...
Persistent link: https://www.econbiz.de/10005598431
Samet introduced a notion of hypothetical knowledge and showed how it could be used to capture the type of counterfactual reasoning necessary to force the backwards induction solution in a game of perfect information. He argued that while hypothetical knowledge and the extended information...
Persistent link: https://www.econbiz.de/10005375527