Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/59688 
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dc.contributor.authorCianciaruso, Davideen
dc.contributor.authorGermano, Fabrizioen
dc.date.accessioned2011-10-13-
dc.date.accessioned2012-07-12T12:34:33Z-
dc.date.available2012-07-12T12:34:33Z-
dc.date.issued2011-
dc.identifier.urihttp://hdl.handle.net/10419/59688-
dc.description.abstractBy identifying types whose low-order beliefs - up to level li - about the state of nature coincide, we obtain quotient type spaces that are typically smaller than the original ones, preserve basic topological properties, and allow standard equilibrium analysis even under bounded reasoning. Our Bayesian Nash (li, l-i)-equilibria capture players' inability to distinguish types belonging to the same equivalence class. The case with uncertainty about the vector of levels (li, l-i) is also analyzed. Two examples illustrate the constructions.en
dc.language.isoengen
dc.publisher|aNorthwestern University, Kellogg School of Management, Center for Mathematical Studies in Economics and Management Science |cEvanston, ILen
dc.relation.ispartofseries|aDiscussion Paper |x1539en
dc.subject.jelC72en
dc.subject.jelD03en
dc.subject.jelD83en
dc.subject.ddc330en
dc.subject.keywordincomplete-information gamesen
dc.subject.keywordhigh-order reasoningen
dc.subject.keywordtype spaceen
dc.subject.keywordquotient spaceen
dc.subject.keywordhierarchies of beliefsen
dc.subject.keywordbounded rationalityen
dc.titleQuotient spaces of boundedly rational types-
dc.typeWorking Paperen
dc.identifier.ppn669831220en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:nwu:cmsems:1539en

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