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We propose some variants of a multi-modal of joint action, preference and knowledge that support reasoning about epistemic games in strategic form. The first part of the paper deals with games with complete information. We first provide syntactic proofs of some well-known theorems in the area of...
Persistent link: https://www.econbiz.de/10009752449
Logic and game theory have had a few decades of contacts by now, with the classical results of epistemic game theory as major high-lights. In this paper, we emphasize a recent new perspective toward “logical dynamics”, designing logical systems that focus on the actions that change...
Persistent link: https://www.econbiz.de/10009752434
Heifetz, Meier and Schipper (2005) introduced a generalized state-space model that allows for non-trivial unawareness among several individuals and strong properties of knowledge. We show that this generalized state-space model arises naturally if states consist of maximally consistent sets of...
Persistent link: https://www.econbiz.de/10010343960
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Building on the analysis of Bonanno (2025) we introduce a simple modal logic containing three modal operators: a unimodal belief operator B, a bimodal conditional operator and the unimodal global operator □. For each AGM axiom for belief revision, we provide a corresponding modal axiom. The...
Persistent link: https://www.econbiz.de/10015405161
Several developing countries' emergency transportation systems (ETS) do not have a centralized emergency number. Instead, they have many independent ambulance providers, each with a small number of ambulances. As a result, ETS in these contexts lack coordination and ambulances. We examine three...
Persistent link: https://www.econbiz.de/10014085336
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In this paper, we compared the models for selecting the optimal portfolio based on different risk measures to identify the periods in which some of the risk measures dominated over others. For decades, the best known return-risk model has been Markowitz's mean-variance model. Based on the...
Persistent link: https://www.econbiz.de/10013041000
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