Showing 1 - 3 of 3
In this paper, we provide an epistemic characterization of iterated admissibility (IA), i.e., iterated elimination of …
Persistent link: https://www.econbiz.de/10009360277
Persistent link: https://www.econbiz.de/10014474686
We develop an approach to providing epistemic conditions for admissible behavior in games. Instead of using lexicographic beliefs to capture infinitely less likely conjectures, we postulate that players use tie-breaking sets to help decide among strategies that are outcome-equivalent given their...
Persistent link: https://www.econbiz.de/10011049856