Template-Type: ReDIF-Paper 1.0
Author-Name: Giacomo Bonanno
Author-Name-First: Giacomo
Author-Name-Last: Bonanno
Author-Workplace-Name: Department of Economics, University of California Davis
Title: Perfect Bayesian equilibrium. Part II: epistemic foundations.
Abstract: In a companion paper we introduced a general notion of perfect Bayesian equilibrium which can be applied to arbitrary extensive-form games. The essential ingredient of the proposed definition is the qualitative notion of AGM-consistency. In this paper we provide an epistemic foundation for AGM-consistency based on the AGM theory of belief revision.
Length: 25
File-URL: https://repec.dss.ucdavis.edu/files/8Lz3KhFzWSsyZc2rjEYbUvkU/11-1.pdf
File-Format: application/pdf
Number: 302
Classification-JEL: C7
KeyWords: belief revision, common prior, plausibility order, perfect Bayesian equilibrium, consistency, sequential equilibrium.
Creation-Date: 20110118
Handle: RePEc:cda:wpaper:302