The standard state-spaces of asymmetric information preclude non-trivial forms of unawareness (Modica and Rustichini …

-space ; Incomplete information ; Bayesian ; games ; Equilibrium ; Perfection ; Undominated equilibrium ; Weak dominance ; Inattention …

We study settings in which, prior to playing an incomplete information game, players observe many draws of private … signals about the state from some information structure. Signals are i.i.d. across draws, but may display arbitrary … correlation across players. For each information structure, we define a simple learning efficiency index, which only considers the …

endogenous information structures: Players are uninformed whether the target player cooperated or defected at the cooperation … stage, but can decide to resolve the information imperfection at non-negative cost at the punishment stage. We examine how … resolving the information imperfection) and a «diffusion effect» (defectors make up a smaller share of the punished and receive …

anonymously in a group, could pay a cost either to obtain information about their counterparts, or to create a freely available … attain higher levels of cooperation compared to a treatment without monitoring. Information about past conduct alone thus …