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Refinements and Social Order Beliefs: A Unified Survey

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Author Info
Atsushi Kajii
Stephen Morris

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Abstract

This paper presents a simple framework that allows us to survey and relate some different strands of the game theory literature. We describe a "canonical" way of adding incomplete information to a complete information game. This framework allows us to give a simple "complete theory" interpretation (Kreps 1990) of standard normal form refinements such as perfection, and to relate refinements both to the "higher order beliefs literature" (Rubinstein 1989; Monderer and Samet 1989; Morris, Rob and Shin, 1995; Kajii and Morris 1995) and the "payoff uncertainty approach" (Fudenberg, Kreps and Levine 1988; Dekel and Fudenberg 1990).

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File URL: http://www.kellogg.northwestern.edu/research/math/papers/1197.pdf
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Paper provided by Northwestern University, Center for Mathematical Studies in Economics and Management Science in its series Discussion Papers with number 1197.

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Date of creation: Oct 1997
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Handle: RePEc:nwu:cmsems:1197

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  1. Fudenberg, Drew & Kreps, David M. & Levine, David K., 1988. "On the robustness of equilibrium refinements," Journal of Economic Theory, Elsevier, vol. 44(2), pages 354-380, April. [Downloadable!] (restricted)
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  1. Fabrizio Germano, 2006. "On some geometry and equivalence classes of normal form games," International Journal of Game Theory, Springer, vol. 34(4), pages 561-581, November. [Downloadable!] (restricted)
  2. Stephen Morris & Takashi Ui, 2003. "Generalized Potentials and Robust Sets of Equilibria," Levine's Bibliography 506439000000000325, UCLA Department of Economics. [Downloadable!]
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  3. smorris & Takashi Ui, 2004. "Generalized Potentials and Robust Sets of Equilibria," Econometric Society 2004 North American Winter Meetings 45, Econometric Society. [Downloadable!]
  4. Bhaskar Chakravorti & John Conley, 2004. "Bargaining efficiency and the repeated prisoners' dilemma," Economics Bulletin, Economics Bulletin, vol. 3(3), pages 1-8. [Downloadable!]
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