Showing 1 - 10 of 9,577
induced by EFR strategies. PR applies also to generalized extensive-form games which model mutual unawareness of actions … by Milgrom and Roberts (1986); yet, we also show that under unawareness full unraveling might fail. …
Persistent link: https://www.econbiz.de/10008917375
induced by EFR strategies. PR applies also to generalized extensive-form games which model mutual unawareness of actions … by Milgrom and Roberts (1986); yet, we also show that under unawareness full unraveling might fail. …
Persistent link: https://www.econbiz.de/10009004199
In modern elections, ideologically motivated candidates with a wealth of information about individual voters and sophisticated campaign strategies are faced by voters who lack awareness of some political issues and are uncertain about the exact political positions of candidates. We study to what...
Persistent link: https://www.econbiz.de/10010826371
cannot handle the notions of finite belief hierarchy and unawareness among others. In this paper we consider a generalization … spaces can and more, finite belief hierarchies and unawareness among others. We also demonstrate that the universal …
Persistent link: https://www.econbiz.de/10009325558
unawareness statements whereby I drop the inference rule of necessitation, which claims that an agent knows all theorems of the …
Persistent link: https://www.econbiz.de/10008594423
I study how choice behavior given unawareness of an event differs from choice behavior given subjective belief of zero … probability on that event. Depending on different types of unawareness the decision-maker suffers, behavior under unawareness is … either incomparable with that under zero probability (in the case of pure unawareness), or drastically different (in the case …
Persistent link: https://www.econbiz.de/10005126692
I develop a set-theoretic model of unawareness without making any structural assumptions on the underlying state space …. Unawareness is characterized as a measurability constraint that results in players' reasoning about a “coarse" subjective algebra … variant of the partition model to examine the case of partial unawareness, where the player is aware of a question but unaware …
Persistent link: https://www.econbiz.de/10005102103
I construct a state space model with unawareness following Aumann (1976). Dekel, Lipman and Rustichini (1998a) show … that standard state space models are incapable of representing unawareness. The model circumvents the impossibility result … by endowing the agent with a subjective state space that differs from the full state space when he has the unawareness …
Persistent link: https://www.econbiz.de/10005102108
unawareness, which significantly differ from those in the standard information partition model by allowing for false interactive …
Persistent link: https://www.econbiz.de/10005102115
Infinite hierarchies of awareness and beliefs arise in games with unawareness, similarly to belief hierarchies in … structure with unawareness where each type has an awareness level and a belief over types. Countable hierarchies are therefore … sufficient to describe all uncertainty in games with unawareness. …
Persistent link: https://www.econbiz.de/10011049778