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We use an interactive epistemology framework to provide a systematic analysis of some solution concepts for games with …
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applications, and with interactive epistemology — the theory of multi-agent knowledge and belief as formulated in mathematical …
Persistent link: https://www.econbiz.de/10014024502
Epistemic game theory formalizes assumptions about rationality and mutual beliefs in a formal language, then studies their behavioral implications in games. Specifically, it asks: what do different notions of rationality and different assumptions about what players believe about…what others...
Persistent link: https://www.econbiz.de/10014025447
Applying unawareness belief structures introduced in Heifetz, Meier, and Schipper (2013a), we develop Bayesian games with unawareness, define equilibrium, and prove existence. We show how equilibria are extended naturally from lower to higher awareness levels and restricted from higher to lower...
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We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are desirable for many potential applications of asymmetric unawareness. We develop Bayesian games with unawareness, define equilibrium, and prove existence. We show how equilibria are...
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