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Games with Incomplete Awareness

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Author Info
Feinberg, Yossi (Stanford U)
Abstract

A new game form termed games with incomplete awareness is defined. This game form captures unawareness as to other players' actions, as well as unawareness of the existence of some players. It also captures interactive unawareness: the awareness of players as to what other players are aware of, and so on. An extended Nash equilibrium solution is defined and studied in these games.

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Paper provided by Stanford University, Graduate School of Business in its series Research Papers with number 1894.

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Date of creation: May 2005
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Handle: RePEc:ecl:stabus:1894

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Find related papers by JEL classification:
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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  1. Ewerhart, Christian, 2001. "Heterogeneous Awareness and the Possibility of Agreement," Sonderforschungsbereich 504 Publications 01-30, Sonderforschungsbereich 504, Universität Mannheim & Sonderforschungsbereich 504, University of Mannheim.
  2. Aviad Heifetz & Martin Meier & Burkhard C. Schipper, 2005. "Interactive Unawareness," Discussion Papers 52, SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich. [Downloadable!]
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  3. Crawford, Vincent P & Haller, Hans, 1990. "Learning How to Cooperate: Optimal Play in Repeated Coordination Games," Econometrica, Econometric Society, vol. 58(3), pages 571-95, May. [Downloadable!] (restricted)
  4. Ronald Fagin & Joseph Y. Halpern & Yoram Moses & Moshe Y. Vardi, 2003. "Reasoning About Knowledge," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262562006.
  5. Feinberg, Yossi, 2004. "Subjective Reasoning--Games with Unawareness," Research Papers 1875, Stanford University, Graduate School of Business. [Downloadable!]
  6. Merton, Robert C, 1987. " A Simple Model of Capital Market Equilibrium with Incomplete Information," Journal of Finance, American Finance Association, vol. 42(3), pages 483-510, July. [Downloadable!] (restricted)
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  7. Blume, Andreas, 2000. "Coordination and Learning with a Partial Language," Journal of Economic Theory, Elsevier, vol. 95(1), pages 1-36, November. [Downloadable!] (restricted)
  8. Modica, Salvatore & Rustichini, Aldo, 1999. "Unawareness and Partitional Information Structures," Games and Economic Behavior, Elsevier, vol. 27(2), pages 265-298, May. [Downloadable!] (restricted)
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  1. Liu, Zhen, 2006. "Fair disclosure and investor asymmetric awareness in stock markets," MPRA Paper 917, University Library of Munich, Germany, revised Feb 2007. [Downloadable!]
  2. Galanis, Spyros, . "Unawareness of Theorems," Discussion Paper Series In Economics And Econometrics 0709, Economics Division, School of Social Sciences, University of Southampton. [Downloadable!]
  3. Jernej Copic & Andrea Galeotti, 2006. "Awareness as an Equilibrium Notion: Normal-Form Games," Economics Discussion Papers 614, University of Essex, Department of Economics. [Downloadable!]
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