Characterizing Assumption of Rationality by Incomplete Information

• Tác giả: Shuige Liu
• Ngôn ngữ: eng
• Ký hiệu phân loại: 128.33 Reason and rationality
• Thông tin xuất bản: 2018
• Bộ sưu tập: Metadata
• ID: 161745

Tóm tắt

We characterize common assumption of rationality of 2-person games within an incomplete information framework. We use the lexicographic model with incomplete information and show that a belief hierarchy expresses common assumption of rationality within a complete information framework if and only if there is a belief hierarchy within the corresponding incomplete information framework that expresses common full belief in caution, rationality, every good choice is supported, and prior belief in the original utility functions.