Assessing Strategic Risk
In recent decades, the concept of subjective probability has been increasingly applied to an adversary’s choices in strategic games. A careful examination reveals that the standard construction of subjective probabilities does not apply in this context. We show how the difficulty may be overcome by means of a different construction.
Year of publication: |
2004-05
|
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Authors: | Aumann, R. J. ; Dreze, J. H. |
Institutions: | Center for the Study of Rationality, Hebrew University of Jerusalem |
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freely available
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