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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 AGM-consistency based on the AGM theory of belief revision. …
Persistent link: https://www.econbiz.de/10008917374
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
definition is the qualitative notion of AGM-consistency, which has an epistemic justification based on the AGM theory of belief …
Persistent link: https://www.econbiz.de/10010282101
definition is the qualitative notion of AGM-consistency, which has an epistemic justification based on the AGM theory of belief …
Persistent link: https://www.econbiz.de/10008691732
In [5] (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/10010240084
This is a slightly extended version of a chapter prepared for the Handbook of Logics for Knowledge and Belief edited by Hans van Ditmarsch, Joseph Y. Halpern, Wiebe van der Hoek, and Barteld Kooi, College Publications, London. In [5] (Int. J. Game Theory, 42:567-592, 2013) a general notion of...
Persistent link: https://www.econbiz.de/10010826380
A simulation model that represents belief change within a population of agents who are connected by a social network is presented based on Thagard's theory of explanatory coherence. In this model there are a fixed number of represented beliefs, each of which are either held or not by each agent....
Persistent link: https://www.econbiz.de/10011010857
The paper provides a specification of belief systems for models of large economies with anonymity in which aggregate states depend only on cross-section distributions of types. For belief systems satisfying certain conditions of mutual absolute continuity, the paper gives a necessary and...
Persistent link: https://www.econbiz.de/10010286705
The paper provides a speci?cation of belief systems for models of large economies with anonymity in which aggregate states depend only on cross-section distributions of types. For belief systems satisfying certain conditions of mutual absolute continuity, the paper gives a necessary and...
Persistent link: https://www.econbiz.de/10009021688
Persistent link: https://www.econbiz.de/10013161979