Showing 11 - 20 of 41,838
We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are … desirable for many potential applications of asymmetric unawareness. We develop Bayesian games with unawareness, define … restricted from higher to lower awareness levels. We use our unawareness belief structure to show that the common prior …
Persistent link: https://www.econbiz.de/10010333811
Heifetz, Meier and Schipper (2005) introduced a generalized state-space model that allows for non-trivial unawareness …
Persistent link: https://www.econbiz.de/10010333845
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/10010333992
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 as well as all the desiderata on unawareness proposed this far in the …
Persistent link: https://www.econbiz.de/10010263088
Heifetz, Meier and Schipper (2005) introduced a generalized state-space model that allows for non-trivial unawareness …
Persistent link: https://www.econbiz.de/10010276583
We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are … desirable for many potential applications of asymmetric unawareness. We develop Bayesian games with unawareness, define … restricted from higher to lower awareness levels. We use our unawareness belief structure to show that the common prior …
Persistent link: https://www.econbiz.de/10010276586
We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are … desirable for many potential applications of asymmetric unawareness. We develop Bayesian games with unawareness, define … restricted from higher to lower awareness levels. We use our unawareness belief structure to show that the common prior …
Persistent link: https://www.econbiz.de/10010276636
We generalize the "No-speculative-trade" theorem for finite unawareness belief structures in Heifetz, Meier, and …
Persistent link: https://www.econbiz.de/10010507616
Applying unawareness belief structures introduced in Heifetz, Meier, and Schipper (2013a), we develop Bayesian games … 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 …
Persistent link: https://www.econbiz.de/10010507620
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/10010318836