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A Modal Logic of Epistemic Games
We propose some variants of a multi-modal of joint action, preference and knowledge that support reasoning about epistemic games in strategic form. The first part of the paper deals with games with complete information.
François Schwarzentruber +1 more
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Epistemic Game Theory and Logic [PDF]
Game theory addresses situations with multiple agents in which the outcome of an agent’s act depends on the acts of the other agents. The agents may be mindless organisms. Epistemic game theory addresses games in which the agents have minds. An agent reasons about the acts of other agents and—if the other agents observe the agent’s act—reasons about ...
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The Analysis of Agent’s Knowledge Based on Game Behavior
The process of game is actually the process of game behavior which is often accompanied by agent’s epistemic process. And Knowledge is a key factor of epistemology. In the past, most of the time game theory confuses information with knowledge. This paper,
Gao Jin Sheng, Zhou Chang Le
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When Do Types Induce the Same Belief Hierarchy?
Type structures are a simple device to describe higher-order beliefs. However, how can we check whether two types generate the same belief hierarchy? This paper generalizes the concept of a type morphism and shows that one type structure is contained in ...
Andrés Perea, Willemien Kets
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Forthcoming Issue on Game Theory and Political Economy
Game theory offers a rigorous set of concepts, relationships, and models that invite myriad applications to problems of political economy. Indeed, game theory can serve as a fundamental modeling technique that can bridge microfoundations of political and
William D. Ferguson
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PLEADING IN FAVOUR OF STRATEGIC MANAGEMENT [PDF]
Strategic management focuses on future development of organizations, based on a vision and a strategy. If strategic leaders demonstrate epistemic competencies, business can take place not according to the zero sum game rule, where there are always ...
Teodor Frunzeti
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A New Solution Concept for the Ultimatum Game leading to the Golden Ratio
The Ultimatum Game is a paradigmatic two-player game. A proposer can offer a certain fraction of some valuable good. A responder can accept the offer or reject it, implying that the two players receive nothing.
Stefan Schuster
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Strategy Constrained by Cognitive Limits, and the Rationality of Belief-Revision Policies
Strategy is formally defined as a complete plan of action for every contingency in a game. Ideal agents can evaluate every contingency. But real people cannot do so, and require a belief-revision policy to guide their choices in unforeseen contingencies.
Ashton T. Sperry-Taylor
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Recent results on belief, knowledge and the epistemic foundations of game theory [PDF]
Abstract We provide a self-contained, selective overview of the literature on the role of knowledge and beliefs in game theory. We focus on recent results on the epistemic foundations of solution concepts, including correlated equilibrium, rationalizability in dynamic games, forward and backward induction.
Pierpaolo Battigali, Giacomo Bonanno
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Backward Induction versus Forward Induction Reasoning
In this paper we want to shed some light on what we mean by backward induction and forward induction reasoning in dynamic games. To that purpose, we take the concepts of common belief in future rationality (Perea [1]) and extensive form rationalizability
Andres Perea
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