elicited (violation of procedure invariance). In this paper we examine precisely which classical conditions of rationality it …

rationality conditions are formulated, which are called behavioural and habitual rationality. While common knowledge of the former … and the structure of the game does not imply backward induction, higher level knowledge of the latter and the structure of … the game does. It is shown that similar results can be proven with non-introspective belief instead of knowledge. …

The literary source of the main ideas in Aumann's article ``Backward Induction and Common Knowledge of Rationality" is …

By reinterpreting Savage axioms as axioms of the social rationality over resource allocations, we derive a social …

dominate the phenomenon of knowledge diffusion in the process that is called ‘interactive learning’. We examine how knowledge … distribution of knowledge diffusion. We will show how these factors can be classified as follow: (1) learning strategies adopted by … their relative initial levels of knowledge. We shall also attempt to single out the relative effect of each of the above …

Journals moderate knowledge activity in economics. The activity of publishing article in professional journal forms … significant part of knowledge output. Output of economics articles has been growing over the time. We examine an important … question: Is there any case of institutional or location concentration in knowledge production? This paper analyses …

satisfy an indefinite range of wants and firms' incentive to utilize knowledge from past production experiences. We show that … firms endogenously form a number of distinguishable industries as accumulated knowledge induces them to agglomerate in the … technology space. Knowledge accumulation in existing industries reduces production costs, but, as the diminishing returns from …