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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
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 naturally if states consist of maximally consistent sets of...
Persistent link: https://www.econbiz.de/10008620333
We study belief change branching-time structures. 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 state-instant pair and an...
Persistent link: https://www.econbiz.de/10008620361
The temporal updating of an agent’s beliefs in response to a flow of information is modeled in a simple modal logic that, for every date t , contains a normal belief operator B_t and a non-normal information operator I_t which is analogous to the ‘only knowing’ operator discussed in the...
Persistent link: https://www.econbiz.de/10008620408