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settings this condition entails an unnecessarily demanding robustness test. It is therefore natural to explore the structure of …
Persistent link: https://www.econbiz.de/10011019209
settings this condition entails an unnecessarily demanding robustness test. It is therefore natural to explore the structure of …
Persistent link: https://www.econbiz.de/10011599487
depend on robustness properties of the solution concepts adopted. Chapter 1 discusses recent results in this research area … attention in the literature (namely, the distinction between knowledge and certainty), raising novel questions of robustness …
Persistent link: https://www.econbiz.de/10009438697
appropriate robustness result requires perturbing economies uniformly over the space of endowments for which the result is … obtained. In this paper, we examine the robustness of the uniqueness of Walrasian endowment economies with Cobb-Douglas utility … functions under this interpretation of robustness. Namely, we prove that for economies described by Cobb-Douglas utilities and …
Persistent link: https://www.econbiz.de/10008500931
This note characterizes the set A¡∞ of actions of player ¡ that are uniquely rationalizable for some hierarchy of beliefs on an arbitrary space of uncertainty. It is proved that for any rationalizable action a¡ for the type t¡, if a¡ belongs to A¡∞ and is justified by conjectures...
Persistent link: https://www.econbiz.de/10004979895
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settings this condition entails an unnecessarily demanding robustness test. It is therefore natural to explore the structure of …
Persistent link: https://www.econbiz.de/10011686699
Persistent link: https://www.econbiz.de/10012806282