Heifetz, Aviad; Meier, Martin; Schipper, Burkhard C. - Volkswirtschaftliche Fakultät, … - 2005
The standard state-spaces of asymmetric information preclude non-trivial forms of unawareness (Modica and Rustichini, 1994, Dekel, Lipman and Rustichini, 1998). We introduce a generalized state-space model that allows for non-trivial unawareness among several individuals, and which satisfies...