-trivial unawareness among several individuals, and which satisfies strong properties of knowledge as well as all the desiderata on …The standard state-spaces of asymmetric information preclude non-trivial forms of unawareness (Modica and Rustichini … unawareness proposed this far in the literature. …

behavior. This paper models this awareness of unawareness and axiomatizes a probabilistic sophisticated representation of …In the wake of growing awareness, decision makers anticipate that they might become aware of material possibilities and … ideas that, in their current state of ignorance, are unimaginable. This anticipation manifests itself in their choice …

We generalize the ``No-speculative-trade" theorem for finite unawareness belief structures in Heifetz, Meier, and …

We prove a \no-speculative-trade" theorem under unawareness for the infinite case. This generalizes the result for the …