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generalized notion of) choice structure in terms of belief revision by adding: (1) the possibility that an item of "information …" might be discarded as not credible (thus dropping theAGMsuccess axiom) and (2) the possibility that an item of information …, while not accepted as fully credible, may still be "taken seriously" (we call such items of information "allowable"). We …
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revision both semantically and syntactically. -- Branching time ; belief revision ; information ; iterated belief revision …
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We provide a new characterization of both belief update and belief revision in terms of a Kripke-Lewis semantics. We consider frames consisting of a set of states, a Kripke belief relation and a Lewis selection function. Adding a valuation to a frame yields a model. Given a model and a state, we...
Persistent link: https://www.econbiz.de/10014422285
generalized notion of) choice structure in terms of belief revision by adding: (1) the possibility that an item of "information …'' might be discarded as not credible (thus dropping the AGM success axiom) and (2) the possibility that an item of information …, while not accepted as fully credible, may still be "taken seriously'' (we call such items of information "allowable''). We …
Persistent link: https://www.econbiz.de/10012842801
the addition of several new chapters on risk sharing, asymmetric information, adverse selection, signaling and moral … asymmetric information in contractual relationships. It is richly illustrated with 150 figures. It is suitable for both self …
Persistent link: https://www.econbiz.de/10012846042