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I investigate the decision problem of a player in a game of incomplete information who faces uncertainty about the other players' strategies. I propose a new decision criterion which works in two steps. First, I assume common knowledge of rationality and eliminate all strategies which are not...
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This paper presents a new attempt to explore people's cooperative behavior under the natural uncertainty in decision making process. The most recent development of quantum cognition creatively enriched the exploration to the endogenous uncertainty in human behavior by expanding the strategic...
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The business strategy field covers business practice and academic research -- but the two are not strongly related. A history of the topic is presented and two views are contrasted. One is the academic discipline’s view that strategizing is the rigorously driven pursuit of optimal performance....
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We provide a discipline for beliefs formation through a model of subjective beliefs, in which agents hold incorrect but strategic beliefs. More precisely, we consider beliefs as a strategic variable that agents can manipulate to maximize their utility from trade. Our framework is therefore an...
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