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Amissibility and Common Belief

Author

Listed:
  • Asheim, Geir B.

    (Department of Economics ,University of Oslo)

  • Dufwenberg, Martin

    (Dept. of Economics, Stockholm University)

Abstract

The concept of ‘fully permissible sets ’ is defined by an algorithm that eliminate strategy subset . It is characterized as choice sets when there is common certain belief of the event that each player prefer one strategy to another if and only if the former weakly dominate the latter on the sets of all opponent strategie or on the union of the choice sets that are deemed possible for the opponent. the concept refines the Dekel-Fudenberg procedure and captures aspects of forward induction.

Suggested Citation

  • Asheim, Geir B. & Dufwenberg, Martin, 2000. "Amissibility and Common Belief," Research Papers in Economics 2000:6, Stockholm University, Department of Economics.
    • Handle: RePEc:hhs:sunrpe:2000_0006
    as

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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Admissibility; Denkel-Fudenberg; common belief;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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