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Limit knowledge of rationality

Published: 06 July 2009 Publication History
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  • Abstract

    Epistemic game theory scrutinizes the relationship between knowledge, belief and choice of rational players. Here, the relationship between common knowledge and the limit of higher-order mutual knowledge is studied from a topological point of view. More precisely, the new epistemic operator limit knowledge defined as the topological limit of higher-order mutual knowledge is introduced. We then show that limit knowledge of the specific event rationality can be used for epistemic-topological characterizations of solution concepts in games. As a first step towards this scheme, we construct a game where limit knowledge of rationality appears to be a cogent strict refinement of common knowledge of rationality in terms of solution concepts. More generally, it is shown that for any given game and epistemic model of it satisfying some specific condition, every possible epistemic hypothesis as well as as every solution concept can be characterized by limit knowledge of rationality for some appropriate topology.

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    • (2011)Agreeing to disagree with limit knowledgeProceedings of the Third international conference on Logic, rationality, and interaction10.5555/2050423.2050426(51-60)Online publication date: 10-Oct-2011

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    TARK '09: Proceedings of the 12th Conference on Theoretical Aspects of Rationality and Knowledge
    July 2009
    272 pages
    ISBN:9781605585604
    DOI:10.1145/1562814

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    Association for Computing Machinery

    New York, NY, United States

    Publication History

    Published: 06 July 2009

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    TARK '09 Paper Acceptance Rate 29 of 77 submissions, 38%;
    Overall Acceptance Rate 61 of 177 submissions, 34%

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    • (2011)Agreeing to disagree with limit knowledgeProceedings of the Third international conference on Logic, rationality, and interaction10.5555/2050423.2050426(51-60)Online publication date: 10-Oct-2011

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