Showing 1 - 10 of 11,464
-trivial unawareness among several individuals, and which satisfies strong properties of knowledge as well as all the desiderata on …
Persistent link: https://www.econbiz.de/10010366550
One approach to representing knowledge or belief of agents, used by economists and computer scientists, involves an …
Persistent link: https://www.econbiz.de/10014185741
We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are desirable for many potential applications of asymmetric unawareness. We develop Bayesian games with unawareness, define equilibrium, and prove existence. We show how equilibria are...
Persistent link: https://www.econbiz.de/10010365853
Applying unawareness belief structures introduced in Heifetz, Meier, and Schipper (2012), we develop Bayesian games with unawareness, define equilibrium, and prove existence. We show how equilibria are extended naturally from lower to higher awareness levels and restricted from higher to lower...
Persistent link: https://www.econbiz.de/10009544158
realizable CURB set, represent the economy of knowledge of games' structures …
Persistent link: https://www.econbiz.de/10013296791
Applying unawareness belief structures introduced in Heifetz, Meier, and Schipper (2012), we develop Bayesian games with unawareness, define equilibrium, and prove existence. We show how equilibria are extended naturally from lower to higher awareness levels and restricted from higher to lower...
Persistent link: https://www.econbiz.de/10014169832
Common knowledge can be defined in at least two ways: syntactically as the common knowledge of a set of formulas or … semantically, as the meet of the knowledge partitions of the agents. In the multi-agent S5 logic with either finitely or countably … held in common knowledge, there is either only one member or uncountably many members of the meet partition with this …
Persistent link: https://www.econbiz.de/10014185740
Samet introduced a notion of hypothetical knowledge and showed how it could be used to capture the type of … hypothetical knowledge and the extended information structures used to model it bear some resemblance to the way philosophers have … used conditional logic to model counterfactuals, hypothetical knowledge cannot be reduced to conditional logic together …
Persistent link: https://www.econbiz.de/10014185742
among several individuals and strong properties of knowledge. We show that this generalized state-space model arises …
Persistent link: https://www.econbiz.de/10010343960
as knowledge, subject to their own awareness constraints. I characterize the interactive knowledge hierarchies under … knowledge. Aumann's classic characterization of common knowledge does not immediately apply in this environment, even if there … is "common awareness" of the event involved. An alternative characterization of common knowledge is provided …
Persistent link: https://www.econbiz.de/10014216944