On the completeness of the universal knowledge-belief space

Pintér, Miklós (2011) On the completeness of the universal knowledge-belief space. Working Paper. Corvinus University of Budapest, Department of Mathematics, Budapest. (Unpublished)

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Abstract

Meier (2008) shows that the universal knowledge-belief space exists. However, besides the universality there is an other important property might be imposed on knowledge-belief spaces, inherited also from type spaces, the completeness. In this paper we introduce the notion of complete knowledge-belief space, and demonstrate that the universal knowledge-belief space is not complete, that is, some subjective beliefs (probability measures) on the universal knowledge-belief space are not knowledge-belief types.

Item Type:

Monograph (Working Paper)

Uncontrolled Keywords:

belief, knowledge, uncertainty, Complete type space, complete knowledge space, universal type space, universal knowledge space, games of incomplete information, JEL Codes: C70, C72, D80, D82, D83

Divisions:

Faculty of Economics > Department of Mathematics

Subjects:

Mathematics, Econometrics

Funders:

OTKA, János Bolyai Research Scholarship of the Hungarian Academy of Sciences

References:

ID Code:

584

Deposited By:

Ádám Hoffmann

Deposited On: