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restricted from higher to lower awareness levels. We use our unawareness belief structure to show that the common prior …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 …
Persistent link: https://www.econbiz.de/10010365853
higher awareness levels and restricted from higher to lower awareness levels. We apply Bayesian games with unawareness to … relationship between standard Bayesian games and Bayesian games with unawareness. -- Unawareness ; Awareness ; Type …Applying unawareness belief structures introduced in Heifetz, Meier, and Schipper (2012), we develop Bayesian games …
Persistent link: https://www.econbiz.de/10009544158
higher awareness levels and restricted from higher to lower awareness levels. We apply Bayesian games with unawareness to …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 …
Persistent link: https://www.econbiz.de/10010240317
This study discusses the convergence to a solution in simultaneous-move games with unawareness. Since games with … unawareness assume players' unawareness of actions, in some plays, players might revise their subjective views when they observe … concept, to simultaneous-move games with unawareness, and shows that the play of myopic players, who best respond to the …
Persistent link: https://www.econbiz.de/10013296791
Persistent link: https://www.econbiz.de/10013393336
Common knowledge can be defined in at least two ways: syntactically as the common knowledge of a set of formulas or … semantically, as the meet of the knowledge partitions of the agents. In the multi-agent S5 logic with either finitely or countably … held in common knowledge, there is either only one member or uncountably many members of the meet partition with this …
Persistent link: https://www.econbiz.de/10014185740
One approach to representing knowledge or belief of agents, used by economists and computer scientists, involves an …
Persistent link: https://www.econbiz.de/10014185741
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