Arbeitspapier
AGM-consistency and perfect Bayesian equilibrium. Part I: Definition and properties
We provide a general notion of perfect Bayesian equilibrium which can be applied to arbitrary extensive-form games and is intermediate between subgame-perfect equilibrium and sequential equilibrium. The essential ingredient of the proposed definition is the qualitative notion of AGM-consistency, which has an epistemic justification based on the AGM theory of belief revision.
- Language
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Englisch
- Bibliographic citation
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Series: Working Paper ; No. 10-17
- Classification
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Wirtschaft
- Subject
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belief revision
plausibility order
consistency
subgame-perfect
equilibrium
sequential equilibrium
Bayesian updating
- Event
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Geistige Schöpfung
- (who)
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Bonanno, Giacomo
- Event
-
Veröffentlichung
- (who)
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University of California, Department of Economics
- (where)
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Davis, CA
- (when)
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2010
- Handle
- Last update
-
12.10.2022, 12:18 AM CEST
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Bonanno, Giacomo
- University of California, Department of Economics
Time of origin
- 2010
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Exploring the gap between perfect Bayesian equilibrium and sequential equilibrium
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Perfect quasi-perfect equilibrium
Perfect Quasi-Perfect Equilibrium
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Non-implementation of rational expectations as a perfect Bayesian equilibrium
Belief change in branching time: AGM-consistency and iterated revision
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