Showing 1 - 10 of 15
We provide a new characterization of AGM belief revision in terms of a Kripke-Stalnaker-Lewis semantics. We consider pointed frames consisting of a set of states, a distinguished state interpreted as the actual state, a Kripke belief relation and a Stalnaker-Lewis selection function. Adding a...
Persistent link: https://www.econbiz.de/10013554813
We provide a new characterization of both belief update and belief revision in terms of a Kripke-Lewis semantics. We consider frames consisting of a set of states, a Kripke belief relation and a Lewis selection function. Adding a valuation to a frame yields a model. Given a model and a state, we...
Persistent link: https://www.econbiz.de/10014422285
We provide a new characterization of AGM belief revision in terms of a Kripke-Stalnaker-Lewis semantics. We consider pointed frames consisting of a set of states, a distinguished state interpreted as the actual state, a Kripke belief relation and a Stalnaker-Lewis selection function. Adding a...
Persistent link: https://www.econbiz.de/10014474493
We provide a new characterization of both belief update and belief revision in terms of a Kripke-Lewis semantics. We consider frames consisting of a set of states, a Kripke belief relation and a Lewis selection function. Adding a valuation to a frame yields a model. Given a model and a state, we...
Persistent link: https://www.econbiz.de/10014474494
In Bonanno (Int. J. Game Theory, 42:567-592, 2013) a general notion of perfect Bayesian equilibrium (PBE) was introduced for extensive-form games and shown to be intermediate between subgame-perfect equilibrium and sequential equilibrium. The essential ingredient of the proposed notion is the...
Persistent link: https://www.econbiz.de/10010507617
In a companion paper we introduced a general notion of perfect Bayesian equilibrium which can be applied to arbitrary extensive-form games. The essential ingredient of the proposed definition is the qualitative notion of AGM-consistency. In this paper we provide an epistemic foundation for...
Persistent link: https://www.econbiz.de/10010282086
We discuss a number of conceptual issues that arise in attempting to capture, in dynamic games, the notion that there is common understanding among the players that they are all rational.
Persistent link: https://www.econbiz.de/10010282092
We study belief change in the branching-time structures introduced in [4]. First, we identify a property of branching-time frames that is equivalent to AGM-consistency, which is defined as follows. A frame is AGM-consistent if the partial belief revision function associated with an arbitrary...
Persistent link: https://www.econbiz.de/10010282096
We provide a general notion of perfect Bayesian equilibrium which can be applied to arbitrary extensive-form games and is intermediate between subgame-perfect equilibrium and sequential equilibrium. The essential ingredient of the proposed definition is the qualitative notion of AGM-consistency,...
Persistent link: https://www.econbiz.de/10010282101
We discuss the issues that arise in modeling the notion of common belief of rationality in epistemic models of dynamic games, in particular at the level of interpretation of strategies. A strategy in a dynamic game is defined as a function that associates with every information set a choice at...
Persistent link: https://www.econbiz.de/10010826374