The Consistent Preferences Approach to Deductive Reasoning in Games

Author:   Geir B. Asheim
Publisher:   Springer-Verlag New York Inc.
Edition:   2006
Volume:   37
ISBN:  

9781441938763


Pages:   203
Publication Date:   15 December 2011
Format:   Paperback
Availability:   Out of stock   Availability explained
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The Consistent Preferences Approach to Deductive Reasoning in Games


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Overview

The Consistent Preferences Approach to Deductive Reasoning in Games presents, applies, and synthesizes what my co-authors and I have called the 'consistent preferences' approach to deductive reasoning in games. Briefly described, this means that the object of the analysis is the ranking by each player of his own strategies, rather than his choice. The ranking can be required to be consistent (in different senses) with his beliefs about the opponent's ranking of her strategies. This can be contrasted to the usual 'rational choice' approach where a player's strategy choice is (in different senses) rational given his beliefs about the opponent's strategy choice. Our approach has turned out to be fruitful for providing epistemic conditions for backward and forward induction, and for defining or characterizing concepts like proper, quasi-perfect and sequential rationalizability. It also facilitates the integration of game theory and epistemic analysis with the underlying decision-theoretic foundation.

Full Product Details

Author:   Geir B. Asheim
Publisher:   Springer-Verlag New York Inc.
Imprint:   Springer-Verlag New York Inc.
Edition:   2006
Volume:   37
Dimensions:   Width: 16.00cm , Height: 1.20cm , Length: 24.00cm
Weight:   0.355kg
ISBN:  

9781441938763


ISBN 10:   1441938761
Pages:   203
Publication Date:   15 December 2011
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Out of stock   Availability explained
The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available.

Table of Contents

Motivating Examples.- Decision-Theoretic Framework.- Belief Operators.- Basic Characterizations.- Relaxing Completeness.- Backward Induction.- Sequentiality.- Quasi-Perfectness.- Properness.- Capturing forward Induction through Full Permissibility.- Applying Full Permissibility to Extensive Games.

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Author Information

Geir B. Asheim is Professor of Economics at the University of Oslo, Norway. In additional to investigating epistemic conditions for gametheoretic solution concepts, he is doing research on questions relating to intergenerational justice.

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