Interactive Unawareness

descriptionPublicationkeyboard_double_arrow_right Article , Research , Preprint 01 Jan 2003 Spain, Austria, Belgium, Germany English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068,

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Authors: HEIFETZ, Aviad; MEIER, Martin; SCHIPPER, Burkhard C.;

doi: 10.2139/ssrn.429540 , 10.1016/j.jet.2005.02.007 , 10.5282/ubm/epub.13498

handle: 10261/57872 , 2078.1/4788 , 10419/94015

Interactive Unawareness

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Abstract

The standard state-spaces of asymmetric information preclude non-trivial forms of unawareness (Modica and Rustichini, 1994, Dekel, Lipman and Rustichini, 1998). We introduce a generalized state-space model that allows for non-trivial unawareness among several individuals, and which satisfies strong properties of knowledge as well as all the desiderata on unawareness proposed this far in the literature.

Countries

Spain, Austria, Belgium, Germany

Related Organizations

University of California, Davis
United States
Spanish National Research Council
Spain
Autonomous University of Barcelona
Spain
Université Catholique de Louvain
Belgium
Open University of Israel
Israel

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Keywords

knowledge, speculative trade, 330, Interactive epistemology, Logics of knowledge and belief (including belief change), unawareness; awareness; knowledge; interactive epistemology; speculative trade; bounded perception., C72, C70, interactive epistemology, Bounded perception, awareness, Rationality and learning in game theory, Economics of information, Trade models, ddc:330, Unawareness, jel:D80, Awareness, unawareness, awareness, knowledge, interactive epistemology, speculative trade, bounded perception., D82, Knowledge, unawareness, awareness, knowledge, interactive epistemology, speculative trade, bounded perception, D80, bounded perception, Speculative trade, unawareness, jel: jel:D80, jel: jel:D82, jel: jel:C70, jel: jel:C72

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