𝔖 Bobbio Scriptorium
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Updating Ambiguous Beliefs

✍ Scribed by Itzhak Gilboa; David Schmeidler


Book ID
112257308
Publisher
Elsevier Science
Year
1993
Tongue
English
Weight
633 KB
Volume
59
Category
Article
ISSN
0022-0531

No coin nor oath required. For personal study only.


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The Nash equilibrium concept combines two fundamental ideas. First, rational players choose the most preferred strategy given their beliefs about what other players will do. Second, it imposes the consistency condition that all players' beliefs are correct. This consistency condition has often been