Showing 1 - 10 of 792,173
equilibrium, and prove existence. We show how equilibria are extended naturally from lower to higher awareness levels and … restricted from higher to lower awareness levels. We use our unawareness belief structure to show that the common prior …We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are …
Persistent link: https://www.econbiz.de/10010276636
equilibrium, and prove existence. We show how equilibria are extended naturally from lower to higher awareness levels and … restricted from higher to lower awareness levels. We use our unawareness belief structure to show that the common prior …We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are …
Persistent link: https://www.econbiz.de/10010365853
equilibrium, and prove existence. We show how equilibria are extended naturally from lower to higher awareness levels and … restricted from higher to lower awareness levels. We use our unawareness belief structure to show that the common prior …We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are …
Persistent link: https://www.econbiz.de/10010333811
equilibrium, and prove existence. We show how equilibria are extended naturally from lower to higher awareness levels and … restricted from higher to lower awareness levels. We use our unawareness belief structure to show that the common prior …We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are …
Persistent link: https://www.econbiz.de/10005785816
equilibrium, and prove existence. We show how equilibria are extended naturally from lower to higher awareness levels and … restricted from higher to lower awareness levels. We use our unawareness belief structure to show that the common prior …We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are …
Persistent link: https://www.econbiz.de/10008620382
equilibrium, and prove existence. We show how equilibria are extended naturally from lower to higher awareness levels and … restricted from higher to lower awareness levels. We use our unawareness belief structure to show that the common prior …We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are …
Persistent link: https://www.econbiz.de/10004968356
with unawareness, define equilibrium, and prove existence. We show how equilibria are extended naturally from lower to … higher awareness levels and restricted from higher to lower awareness levels. We apply Bayesian games with unawareness to … investigate the robustness of equilibria to uncertainty about opponents' awareness of actions. We show that a Nash equilibrium of …
Persistent link: https://www.econbiz.de/10010240317
We prove a \no-speculative-trade" theorem under unawareness for the infinite case. This generalizes the result for the …
Persistent link: https://www.econbiz.de/10009782964
We generalize the ``No-speculative-trade" theorem for finite unawareness belief structures in Heifetz, Meier, and …
Persistent link: https://www.econbiz.de/10010250539
The standard state-spaces of asymmetric information preclude non-trivial forms of unawareness (Modica and Rustichini …-trivial unawareness among several individuals, and which satisfies strong properties of knowledge as well as all the desiderata on … unawareness proposed this far in the literature. …
Persistent link: https://www.econbiz.de/10010366550