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The Consistent Preferences Approach to Deductive Reasoning in Games by Geir B Asheim
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The Consistent Preferences Approach to Deductive Reasoning in Games

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Description

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.

Author Biography:

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.
Release date NZ
December 15th, 2011
Author
Audience
  • Professional & Vocational
Illustrations
XIX, 203 p.
Pages
203
Dimensions
156x234x12
ISBN-13
9781441938763
Product ID
8961181

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