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Equilibrium notions for games with unawareness in the literature cannot be interpreted as steady-states of a learning … process because players may discover novel actions during play. In this sense, many games with unawareness are "self … state there is an extensive-form game with unawareness that together with the players' play determines the transition to …
Persistent link: https://www.econbiz.de/10012509154
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 awareness levels. We apply Bayesian games with unawareness to …
Persistent link: https://www.econbiz.de/10010240317
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 … restricted from higher to lower awareness levels. We use our unawareness belief structure to show that the common prior …
Persistent link: https://www.econbiz.de/10010365853
Heifetz, Meier and Schipper (2013) introduced generalized extensive-form games that allow for asymmetric unawareness … generalized extensive-form game with unawareness may consist of a collection of normal-form games. We use it to characterize … unawareness, a player's information set not only determines which nodes he considers possible but also of which game tree(s) he is …
Persistent link: https://www.econbiz.de/10013350879
Persistent link: https://www.econbiz.de/10010358108
Persistent link: https://www.econbiz.de/10012818844
We define a cautious version of extensive-form rationalizability for generalized extensive- form games with unawareness … show that prudent rationalizability yields unraveling under full awareness but unraveling might fail under unawareness. We …
Persistent link: https://www.econbiz.de/10012101418
We define generalized extensive-form games which allow for mutual unawareness of actions. We extend Pearce's (1984 … characterize in it extensive-form rationalizability by iterative conditional dominance. -- Unawareness ; extensive-form games …
Persistent link: https://www.econbiz.de/10003878990
We consider a general-sum N-player linear-quadratic game with stochastic dynamics over a finite horizon and prove the global convergence of the natural policy gradient method to the Nash equilibrium. In order to prove convergence of the method we require a certain amount of noise in the system....
Persistent link: https://www.econbiz.de/10013217478
We define generalized extensive-form games which allow for mutual unawareness of actions. We extend Pearce's (1984 …. -- Unawareness ; extensive-form games ; extensive-form rationalizability …
Persistent link: https://www.econbiz.de/10009542457