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We define generalized extensive-form games which allow for mutual unawareness of actions. We extend Pearce's (1984 …
Persistent link: https://www.econbiz.de/10015216762
We define generalized extensive-form games which allow for mutual unawareness of actions. We extend Pearce's (1984 … unawareness. Finally, we define the normal form of a generalized extensive-form game, and characterize in it extensive …
Persistent link: https://www.econbiz.de/10015218945
We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are … desirable for potential applications of asymmetric unawareness. We compare unawareness with probability zero belief. Applying … our unawareness belief structures, we show that the common prior assumption is too weak to rule out speculative trade in …
Persistent link: https://www.econbiz.de/10015218946
We generalize the "No-trade" theorem for finite unawareness belief structures in Heifetz, Meier, and Schipper (2009) to …
Persistent link: https://www.econbiz.de/10015220343
I develop awareness-dependent subjective expected utility by taking unawareness structures introduced in Heifetz, Meier … events. I discuss in what sense impersonal expected utility can not represent unawareness. …
Persistent link: https://www.econbiz.de/10015220896
In their recent work Thomas S. Schelling (2007, 2010), reiterating original arguments about game theory and its applications to social sciences. In particular, game theory helps to explore situations in which agents make decisions interdependent (strategic communication). Schelling's originality...
Persistent link: https://www.econbiz.de/10015221049
language dimensions of the argumentation in economy has advantages for the field of the explanation and the epistemology in the …
Persistent link: https://www.econbiz.de/10015221739
induced by EFR strategies. PR applies also to generalized extensive-form games which model mutual unawareness of actions … by Milgrom and Roberts (1986); yet, we also show that under unawareness full unraveling might fail. …
Persistent link: https://www.econbiz.de/10015226522
the epistemic notions of unawareness and knowledge, we try to build a bridge between decision theory and epistemic logic … defining unawareness and knowledge in terms of preferences over acts in unawareness structures and showing their equivalence to …Morris (1996, 1997) introduced preference-based definitions of knowledge of belief in standard state-space structures …
Persistent link: https://www.econbiz.de/10015226523
In their recent work Thomas S. Schelling (2007, 2010), reiterating original arguments about game theory and its applications to social sciences. In particular, game theory helps to explore situations in which agents make decisions interdependent (strategic communication). Schelling's originality...
Persistent link: https://www.econbiz.de/10015229513