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The modeling of awareness and unawareness is a significant topic in the doxastic logic literature, where it is usually tackled in terms of full belief operators. The present paper aims at a treatment in terms of partial belief operators. It draws upon the modal probabilistic logic that was...
Persistent link: https://www.econbiz.de/10011620628
philosophical literature. Interactive epistemology (or interactive knowledge) is a branch of logic dealing with shared knowledge …
Persistent link: https://www.econbiz.de/10012726456
Recent contributions have questioned the meaningfulness of the Common Prior Assumption (CPA) in situations of incomplete information. We characterize the CPA in terms of the primitives (individuals' belief hierarchies) without reference to an ex ante stage. The key is to rule out "agreeing to...
Persistent link: https://www.econbiz.de/10014185738
Common knowledge can be defined in at least two ways: syntactically as the common knowledge of a set of formulas or semantically, as the meet of the knowledge partitions of the agents. In the multi-agent S5 logic with either finitely or countably many agents and primitive propositions, the...
Persistent link: https://www.econbiz.de/10014185740
One approach to representing knowledge or belief of agents, used by economists and computer scientists, involves an infinite hierarchy of beliefs. Such a hierarchy consists of an agent's beliefs about the state of the world, his beliefs about other agents' beliefs about the world, his beliefs...
Persistent link: https://www.econbiz.de/10014185741
Formal Interactive Epistemology deals with the logic of knowledge and belief when there is more than one agent or …
Persistent link: https://www.econbiz.de/10014185744
The standard state-spaces of asymmetric information preclude non-trivial forms of unawareness (Modica and Rustichini, 1994, Dekel, Lipman and Rustichini, 1998). We introduce a generalized state-space model that allows for non-trivial unawareness among several individuals, and which satisfies...
Persistent link: https://www.econbiz.de/10010366550
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 equilibrium, and prove existence. We show how equilibria are...
Persistent link: https://www.econbiz.de/10010365853
This paper presents a new, probabilistic model of learning in games which investigates the often stated intuition that common knowledge of strategic intent may arise from repeated interaction. The model is set in the usual repeated game framework, but the two key assumptions are framed in terms...
Persistent link: https://www.econbiz.de/10014073995
I survey and discuss the recent literature on testing experts or probabilistic forecasts, which I would describe as a literature on “strategic hypothesis testing” The starting point of this literature is some surprising results of the following type: suppose that a criterion forjudging...
Persistent link: https://www.econbiz.de/10014025441