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as knowledge, subject to their own awareness constraints. I characterize the interactive knowledge hierarchies under … knowledge. Aumann's classic characterization of common knowledge does not immediately apply in this environment, even if there … is "common awareness" of the event involved. An alternative characterization of common knowledge is provided …
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An individual is affected by the curse of knowledge when he fails to appreciate the viewpoint of a lesser … knowledge. This systematic cognitive bias alters many predictions derived from game theory which involve an asymmetry of … information between the players. We investigate in this article how the curse of knowledge modifies individual behaviours in …
Persistent link: https://www.econbiz.de/10012104838
An individual is affected by the curse of knowledge when he fails to appreciate the viewpoint of a lesser … knowledge. This systematic cognitive bias alters many predictions derived from game theory which involve an asymmetry of … information between the players. We investigate in this article how the curse of knowledge modifies individual behaviours in …
Persistent link: https://www.econbiz.de/10012129125
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Aim: Develop a methodological approach to reduce uncertainty of knowledge necessary for decision making in quick … recognized as a good paradigm in Kuhn’s sense suitable to build certain knowledge in the uncertain surroundings. So, it is the … for decision making processes based on uncertain information and knowledge. In this paper a methodology of introduction …
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