Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5072178 | Games and Economic Behavior | 2012 | 9 Pages |
Abstract
⺠Knowledge of agents is tight if any increase in knowledge increases common knowledge. ⺠The agentsʼ posterior beliefs are consistent if they have a common prior. ⺠When knowledge is tight, the set of consistent posteriors is topologically large. ⺠When knowledge is not tight, the set of consistent posteriors is topologically small.
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Authors
Ziv Hellman, Dov Samet,