|
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  |
| 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
|
| |
| | |
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.
|