Bonanno, Giacomo; Nehring, Klaus - In: International Journal of Game Theory 28 (1999) 3, pp. 409-434
Recent contributions have questioned the meaningfulness of the Common Prior Assumption (CPA) in situations of incomplete information. We characterize the CPA in terms of the primitives (individuals' belief hierarchies) without reference to an ex ante stage. The key is to rule out "agreeing to...