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To answer the question in the title we vary agents' beliefs against the background of a fixed knowledge space, that is, a state space with a partition for each agent. Beliefs are the posterior probabilities of agents, which we call type profiles. We then ask what is the topological size of the...
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Aumann has shown that agents who have a common prior cannot have common knowledge of their posteriors for event $E$ if these posteriors do not coincide. But given an event $E$, can the agents have posteriors with a common prior such that it is common knowledge that the posteriors for $E$...
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Real world players often increase their payoffs by voluntarily committing to play a fixed strategy, prior to the start of a strategic game. In fact, the players may further benefit from commitments that are conditional on the commitments of others. This paper proposes a model of conditional...
Persistent link: https://www.econbiz.de/10008494982
A non-probabilistic generalization of Aumann's agreement theorem is proved. Early attempts at such a theorem were based on a version of the sure-thing principle which assumes an intrapersonal-interstate comparison of knowledge. But such comparisons are impossible in partition structures. The...
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