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Revealed Unawareness
Schipper, Burkhard - Economics Department, University of California-Davis - 2010
I develop awareness-dependent subjective expected utility by taking unawareness structures introduced in Heifetz, Meier, and Schipper (2006, 2008, 2009) as primitives in the Anscombe-Aumann approach to subjective expected utility. I observe that a decision maker is unaware of an event if and...
Persistent link: https://www.econbiz.de/10008620418
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Preference-Dependent Unawareness
Schipper, Burkhard - Economics Department, University of California-Davis - 2011
Morris (1996, 1997) introduced preference-based definitions of knowledge of belief in standard state-space structures. This paper extends this preference-based approach to unawareness structures (Heifetz, Meier, and Schipper, 2006, 2008). By defining unawareness and knowledge in terms of...
Persistent link: https://www.econbiz.de/10008914729
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Strategic Control of Myopic Best Reply in Repeated Games
Schipper, Burkhard - Economics Department, University of California-Davis - 2011
in games with strategic substitutes or strategic complements the optimal control strategy is monotone in the initial … action of the opponent, in time periods, and in the discount rate. As an interesting example outside this class of games we …
Persistent link: https://www.econbiz.de/10008914730
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Dynamic unawareness and rationalizable behavior
Heifetz, Aviad; Meier, Martin; Schipper, Burkhard - Economics Department, University of California-Davis - 2011
We define generalized extensive-form games which allow for mutual unawareness of actions. We extend Pearce's (1984 …
Persistent link: https://www.econbiz.de/10008917373
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Prudent Rationalizability in Generalized Extensive-Form Games
Heifetz, Aviad; Meier, Martin; Schipper, Burkhard - Economics Department, University of California-Davis - 2011
induced by EFR strategies. PR applies also to generalized extensive-form games which model mutual unawareness of actions …
Persistent link: https://www.econbiz.de/10008917375
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Unawareness, Beliefs, and Speculative Trade
Heifetz, Aviad; Meier, Martin; Schipper, Burkhard - Economics Department, University of California-Davis - 2011
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/10009350254
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Awareness-Dependent Subjective Expected Utility
Schipper, Burkhard - Economics Department, University of California-Davis - 2011
We develop awareness-dependent subjective expected utility by taking unawareness structures introduced in Heifetz, Meier, and Schipper (2006, 2008, 2011a) as primitives in the Anscombe-Aumann approach to subjective expected utility. We observe that a decision maker is unaware of an event if and...
Persistent link: https://www.econbiz.de/10008752237
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Bayesian Games with Unawareness and Unawareness Perfection
Meier, Martin; Schipper, Burkhard - Economics Department, University of California-Davis - 2012
Applying unawareness belief structures introduced in Heifetz, Meier, and Schipper (2012), we develop Bayesian games … higher awareness levels and restricted from higher to lower awareness levels. We apply Bayesian games with unawareness to … relationship between standard Bayesian games and Bayesian games with unawareness. …
Persistent link: https://www.econbiz.de/10010549855
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Bayesian Games with Unawareness and Unawareness Perfection
Meier, Martin; Schipper, Burkhard - Economics Department, University of California-Davis - 2013
Applying unawareness belief structures introduced in Heifetz, Meier, and Schipper (2013a), we develop Bayesian games … higher awareness levels and restricted from higher to lower awareness levels. We apply Bayesian games with unawareness to … relationship between standard Bayesian games and Bayesian games with unawareness. …
Persistent link: https://www.econbiz.de/10010826367
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Speculative trade under unawareness : the infinite case
Meier, Martin; Schipper, Burkhard - 2010 - First draft: March 1, 2007, This draft: February 5, 2010
Persistent link: https://www.econbiz.de/10003943569