We offer a definition of iterated elimination of strictly dominated strategies (IESDS) for games with (in)finite players, (non)compact strategy sets, and (dis)continuous payoff functions. IESDS is always a well-defined order independent procedure that can be used to solve Nash equilibrium in...

Within the framework of (pure) exchange economies, we demonstrate that the von Neumann and Morgenstern stable set in the allocation space may differ from that in the corresponding utility space. Following Harsanyi (1974, Management Sci. 20, 1472-1495), we then define the notion of the...

Porous organic polymers (POPs) have become a class of promising photocatalytic materials for solar water splitting due to their high structural adjustability, multiple active sites and high stability against water corrosion. However, because of the complex transfer process involved and the large...

We introduce the notion of a Conditional Hypothesis Testing System (CHTS) that specifies the concrete mode of non-Bayesian reactions for unexpected news in a conditional world. We show that Ortoleva's (2012) Hypothesis Testing Model (HTM) gives rise to a CHTS and thus provides an axiomatic...