Showing 1 - 10 of 4,834
. Doctor messages are effective at increasing knowledge of, and compliance with, COVID-19 policy guidelines. Changes in …
Persistent link: https://www.econbiz.de/10012625405
As scientists and policymakers tend to interpret changes in the economy as a trend towards an increasingly knowledge … the knowledge flows in the region concerned. Knowledge flows come into existence from intentional action, but also in an … unintended way as externalities or knowledge spillovers. This paper reviews the ways regional and urban economics has dealt with …
Persistent link: https://www.econbiz.de/10010271407
lose gains from specialization. Need for robustness comes from our limited knowledge. Rational dealing with uncertainty … requires to accord the degree of specialization to the reliability of knowledge about the relevant circumstances. In practical …
Persistent link: https://www.econbiz.de/10011327302
,advisors, lawyers). If both the pros and cons of a decision haveto be examined, it is better to use competing agents instead of asingle …
Persistent link: https://www.econbiz.de/10010324998
The standard framework for analyzing games with incomplete information models players as if they have an infinite depth of reasoning, which is not always consistent with experimental evidence. This paper generalizes the type spaces of Harsanyi (1967-1968) so that players can have a finite depth...
Persistent link: https://www.econbiz.de/10010352842
that it contains the standard universal type space of Mertens and Zamir (1985) as a belief-closed subspace, and that this …
Persistent link: https://www.econbiz.de/10010352849
that this result does not extend to environments where players may have a finite depth of reasoning, or think it is … phenomena when we relax the assumption that it is common belief that players have an infinite depth, if only slightly. …
Persistent link: https://www.econbiz.de/10010352864
with the available knowledge. In particular, it proposes to order state spaces by their 'granularity' and 'coverage … argues that an appropriate model for dealing with uncertainty keeps the knowledge required by the model from its user in line …
Persistent link: https://www.econbiz.de/10011555272
spaces a la Harsanyi, and it is shown that the two approaches are equivalent. Preference structures can be seen as those sets … axiomatic structure. An explicit characterization is given for Savage's axioms, and it is shown that a hierarchy of relatively …
Persistent link: https://www.econbiz.de/10011599405
rational. It decreases when signals are correlated. …
Persistent link: https://www.econbiz.de/10011984926