Ambiguity and the centipede game: strategic uncertainty in multi-stage games
We propose a solution concept for a class of extensive form games with ambiguity. Specifically we consider multi-stage games. Players have CEU preferences. The associated ambiguous beliefs are revised by Generalized Bayesian Updating. We assume individuals take account of possible changes in their p...
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| Main Authors: | , , |
|---|---|
| Format: | Book/Monograph Working Paper |
| Language: | English |
| Published: |
Heidelberg
University of Heidelberg, Department of Economics
15th August 2017
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| Series: | Discussion paper series / University of Heidelberg, Department of Economics
no. 638 |
| In: |
Discussion paper series (no. 638)
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| Subjects: | |
| Online Access: | Resolving-System, kostenfrei, Volltext: http://nbn-resolving.de/urn:nbn:de:bsz:16-heidok-233892 Resolving-System, kostenfrei, Volltext: http://hdl.handle.net/10419/179277 Verlag, kostenfrei, Volltext: http://www.ub.uni-heidelberg.de/archiv/23389 Verlag, kostenfrei, Volltext: http://archiv.ub.uni-heidelberg.de/volltextserver/23389/1/dp638.pdf |
| Author Notes: | Jürgen Eichberger, Simon Grant and David Kelsey |
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Ambiguity and the centipede game: strategic uncertainty in multi-stage games
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