Interactive Unawareness

Aviad Heifetz, Martin Meier, Burkhard Schipper

Research output: Contribution to journalArticle

127 Citations (Scopus)

Abstract

The standard state-spaces of asymmetric information preclude non-trivial forms of unawareness (Modica and Rustichini (Theory Decision 37 (1994) 107–124); Dekel, Lipman and Rustichini (Econometrica 66 (1998) 159–173)). We introduce a generalized state-space model that allows for non-trivial unawareness among several individuals, and which satisfies strong properties of knowledge as well as all the desiderata on unawareness proposed this far in the literature.
Original languageEnglish
Pages (from-to)78-94
JournalJournal of Economic Theory
Volume130
Issue number1
Early online date25 May 2005
DOIs
Publication statusPublished - 2006

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