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Logics for Nonomniscient Agents: An Axiomatic Approach

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Author Info
Barton L. Lipman

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Abstract

It has long been recognized that solving the logical omniscience problem requires using some kind of nonstandard possible worlds. While many such logics have been proposed, none has an obvious claim as the "right" logic to use to describe the reasoning of agents who are not logically omniscient. I show how to derive such nonstandard worlds as part of a representation of an agent's preferences. In this sense, the agent's logic is given the same basis as a utility function or subjective probability. As an illustration, I give conditions on preferences which imply that the agent's logic is a version of the logic of inconsistency proposed by Rescher and Brandom (1979).

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Publisher Info
Paper provided by Queen's University, Department of Economics in its series Working Papers with number 874.

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Length: 34 pages
Date of creation: 1993
Date of revision:
Handle: RePEc:qed:wpaper:874

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Related research
Keywords: decision making ; information; bounded rationality; decision theory; nonstandard logics;

Find related papers by JEL classification:
C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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