Refinements and Social Order Beliefs: A Unified Survey
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).
|Date of creation:||Oct 1997|
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Web page: http://www.kellogg.northwestern.edu/research/math/
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- 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.
- Drew Fudenberg & David M. Kreps & David K. Levine, 1986. "On the Robustness of Equilibrium Refinements," UCLA Economics Working Papers 398, UCLA Department of Economics.
- Levine, David & Kreps, David & Fudenberg, Drew, 1988. "On the Robustness of Equilibrium Refinements," Scholarly Articles 3350444, Harvard University Department of Economics.
- Drew Fudenberg & David Kreps & David K. Levine, 1988. "On the Robustness of Equilibrium Refinements," Levine's Working Paper Archive 227, David K. Levine.