Showing 71 - 80 of 198
We introduce a new solution concept for games in extensive form with perfect information, valuation equilibrium, which is based on a partition of each player's moves into similarity classes. A valuation of a player is a real-valued function on the set of her similarity classes. In this...
Persistent link: https://www.econbiz.de/10011702556
Persistent link: https://www.econbiz.de/10011982867
We study type spaces where a player's type at a state is a conditional probability on the space. We axiomatize these spaces using conditional belief operators, examining three additional axioms of increasing strength. First, introspection, which requires the agent to be unconditionally certain...
Persistent link: https://www.econbiz.de/10010931186
Persistent link: https://www.econbiz.de/10005248600
Persistent link: https://www.econbiz.de/10005359218
Persistent link: https://www.econbiz.de/10005359268
Persistent link: https://www.econbiz.de/10005375666
Persistent link: https://www.econbiz.de/10005375683
Persistent link: https://www.econbiz.de/10005210350
A decision maker is asked to express her beliefs by assigning probabilities to certain possible states. We focus on the relationship between her database and her beliefs. We show that if beliefs given a union of two databases are a convex combination of beliefs given each of the databases, the...
Persistent link: https://www.econbiz.de/10005342096