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Preference-Dependent Unawareness

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Author Info

  • Burkhard Schipper

    (Department of Economics, University of California Davis)

Abstract

Morris (1996, 1997) introduced preference-based definitions of knowledge of belief in standard state-space structures. This paper extends this preference-based approach to unawareness structures (Heifetz, Meier, and Schipper, 2006, 2008). By defining unawareness and knowledge in terms of preferences over acts in unawareness structures and showing their equivalence to the epistemic notions of unawareness and knowledge, we try to build a bridge between decision theory and epistemic logic. Unawareness of an event is behaviorally characterized as the event being null and its negation being null.

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Bibliographic Info

Paper provided by University of California, Davis, Department of Economics in its series Working Papers with number 116.

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Length: 19
Date of creation: 07 Apr 2011
Date of revision:
Handle: RePEc:cda:wpaper:11-6

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Related research

Keywords: Unawareness; awareness; knowledge; preferences; subjective expected utility theory; decision theory; null event;

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