Two long lived players play a repeated coordination game. Players do not specify a single (and correct) probability to each event. They have a vague notion about the evolution of the play, called blurry beliefs, which guide their behavior. General conditions that ensure cooperation are...

This paper shows that the logical properties of constraints imposed by law are fundamentally different from other constraints considered in economics such as budget constraints and bounded rationality constraints, such as the ones based on inattention or shortlisting. This suggests that to fully...

Theories can be produced by individuals seeking a good reputation of knowledge. Hence, a significant question is how to test theories anticipating that they might have been produced by (potentially uninformed) experts who prefer their theories not to be rejected. If a theory that predicts...