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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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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  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)
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  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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