EconStor >
University of California (UC) >
UC Davis, Department of Economics >
Working Papers, Department of Economics, UC Davis >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/58388
  
Title:AGM-consistency and perfect Bayesian equilibrium. Part I: definition and properties PDF Logo
Authors:Bonanno, Giacomo
Issue Date:2010
Series/Report no.:Working Papers, University of California, Department of Economics 10,17
Abstract: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.
Subjects:belief revision
plausibility order
consistency
subgame-perfect
equilibrium
sequential equilibrium
Bayesian updating
Document Type:Working Paper
Appears in Collections:Working Papers, Department of Economics, UC Davis

Files in This Item:
File Description SizeFormat
717272648.pdf448.14 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/58388

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.