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-trivial unawareness among several individuals, and which satisfies strong properties of knowledge as well as all the desiderata on …
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among several individuals and strong properties of knowledge. We show that this generalized state-space model arises …
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, and which satisfies strong properties of knowledge as well as all the desiderata on unawareness proposed this far in the … literature. In an example of speculative trade, we demonstrate how mutual unawareness of fundamentals allows for common knowledge … standard information structures with strong properties of knowledge. …
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among several individuals and strong properties of knowledge. We show that this generalized state-space model arises …
Persistent link: https://www.econbiz.de/10003126380
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We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are desirable for potential applications of asymmetric unawareness. Applying our unawareness belief structures, we show that the common prior assumption is too weak to rule out...
Persistent link: https://www.econbiz.de/10013116677
We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are desirable for potential applications of asymmetric unawareness. We compare unawareness with probability zero belief. Applying our unawareness belief structures, we show that the...
Persistent link: https://www.econbiz.de/10003894997