Universal type structures with unawareness
نویسنده
چکیده
Infinite hierarchies of awareness and beliefs arise in games with unawareness, similarly to belief hierarchies in standard games. A natural question is whether each hierarchy describes the player’s awareness of the hierarchies of other players and beliefs over these, or whether the reasoning can continue indefinitely. This paper constructs the universal type structure with unawareness where each type has an awareness level and a belief over types. Countable hierarchies are therefore sufficient to describe all uncertainty in games with unawareness. JEL classification: C72; D82; D83
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ورودعنوان ژورنال:
- Games and Economic Behavior
دوره 83 شماره
صفحات -
تاریخ انتشار 2014