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We define a concept of epistemic robustness in the context of an epistemic model of a finite normal game where a player type corresponds to a belief over the profiles of opponent strategies and types. A Cartesian product X of pure strategy subsets is epistemically robust if there is a Cartesian...
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In this paper, we introduce a notion of epistemic equivalence between hierarchies of conditional beliefs and hierarchies of lexicographic beliefs, thus extending the standard equivalence results of Halpern (2010) and Brandenburger et al. (2007) to an interactive setting, and we show that there...
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We show that if an agent reasons according to standard inference rules, the truth and introspection axioms extend from the set of non-epistemic propositions to the whole set of propositions. This implies that the usual axiomatization of partitional possibility correspondences is redundant, and...
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We introduce a framework for modeling pairwise interactive beliefs and provide an epistemic foundation for Nash equilibrium in terms of pairwise epistemic conditions locally imposed on only some pairs of players. Our main result considerably weakens not only the standard sufficient conditions by...
Persistent link: https://www.econbiz.de/10010906693
In a recent paper, Tsakas [2013 Rational belief hierarchies, Journal of Mathematical Economics, Maastricht University] introduced the notion of rational beliefs. These are Borel probability measures that assign a rational probability to every Borel event. Then, he constructed the corresponding...
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This paper provides a definition of epistemic stability of sets of strategy profiles, and uses it to characterize variants of curb sets in finite games, including the set of rationalizable strategies and minimal curb sets.
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