HEIFETZ, Aviad; MEIER, Martin; SCHIPPER, Burkhard C. - Center for Operations Research and Econometrics (CORE), … - 2004
The standard state-spaces of asymmetric information preclude non-trivial forms of unawareness (Dekel, Lipman and Rustichini, 1998). We introduce a generalized state-space model that allows for non-trivial unawareness among several individuals, and which satisfies strong properties of knowledge...