Showing 1 - 10 of 23,147
The standard state-spaces of asymmetric information preclude non-trivial forms of unawareness (Modica and Rustichini …-trivial unawareness among several individuals, and which satisfies strong properties of knowledge as well as all the desiderata on … unawareness proposed this far in the literature. …
Persistent link: https://www.econbiz.de/10010366550
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 …
Persistent link: https://www.econbiz.de/10010343960
Persistent link: https://www.econbiz.de/10011922711
Persistent link: https://www.econbiz.de/10011378224
Persistent link: https://www.econbiz.de/10014583472
relations modeling implicit knowledge. They are a flexible model of unawareness, and best interpreted from a outside modeler …'s perspective. Unawareness structures by Heifetz, Meier, and Schipper (2006, 2008) (HMS) model awareness by a lattice of state … spaces and explicit knowledge via possibility correspondences. Sublattices thereof can be interpreted as subjective views of …
Persistent link: https://www.econbiz.de/10014422291
Persistent link: https://www.econbiz.de/10009775125
Persistent link: https://www.econbiz.de/10012310806
In the majority economic areas of the world, family businesses are the overwhelming majority, it is certain in the case of small and medium-sized businesses. Large family companies - in opposition to common opinion - are not the economy margin. It is other way round, they are not directly...
Persistent link: https://www.econbiz.de/10012011003
Persistent link: https://www.econbiz.de/10003101804