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Interactive Beliefs and Forward Induction

Author

Listed:
  • Battigalli, P.
  • Siniscalchi, M.

Abstract

The authors provide an epistemic analysis of forward induction in games with complete and incomplete information. They suggest that forward induction may be usefully interpreted as a set of assumptions governing the players' belief revision processes, and define a notion of strong belief to formalize these assumptions.

Suggested Citation

  • Battigalli, P. & Siniscalchi, M., 1999. "Interactive Beliefs and Forward Induction," Economics Working Papers eco99/15, European University Institute.
    • Handle: RePEc:eui:euiwps:eco99/15
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    Cited by:

    1. Geir B. Asheim & Martin Dufwenberg, 2003. "Deductive Reasoning in Extensive Games," Economic Journal, Royal Economic Society, vol. 113(487), pages 305-325, April.
    2. Asheim, Geir & Søvik, Ylva, 2003. "The semantics of preference-based belief operators," Memorandum 05/2003, Oslo University, Department of Economics.
    3. Asheim, Geir B. & Dufwenberg, Martin, 2003. "Admissibility and common belief," Games and Economic Behavior, Elsevier, vol. 42(2), pages 208-234, February.
    4. Asheim,G.B., 1999. "Proper consistency," Memorandum 31/1999, Oslo University, Department of Economics.
    5. Asheim, Geir B. & Sovik, Ylva, 2005. "Preference-based belief operators," Mathematical Social Sciences, Elsevier, vol. 50(1), pages 61-82, July.
    6. Asheim,G.B., 2000. "Deriving belief operators from preferences," Memorandum 25/2000, Oslo University, Department of Economics.

    More about this item

    Keywords

    INFORMATION ; GAME THEORY;

    JEL classification:

    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General

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