Characterizing the strategic impact of misspecified beliefs

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dc.contributor.authorChen, Yi-Chun
dc.contributor.authorDi Tillio, Alfredo
dc.contributor.authorEDUARDO FAINGOLD
dc.contributor.authorXiong, Siyang
dc.coverage.paisNão Informadopt_BR
dc.creatorChen, Yi-Chun
dc.creatorDi Tillio, Alfredo
dc.creatorXiong, Siyang
dc.date.accessioned2022-12-10T13:47:33Z
dc.date.available2022-12-10T13:47:33Z
dc.date.issued2017
dc.description.notesTexto completopt_BR
dc.description.otherPrevious research has established that the predictions of game theory are quite sensitive to the assumptions made about the players’ beliefs. We evaluate the severity of this robustness problem by characterizing conditions on the primitives of the model—the players’ beliefs and higher-order beliefs about the payoff-relevant parameters—for the behaviour of a given Harsanyi type to be approximated by the behaviour of (a sequence of) perturbed types. This amounts to providing belief-based characterizations of the strategic topologies of Dekel et al. (2006). We apply our characterizations to a variety of questions concerning robustness to perturbations of higher-order beliefs, including genericity of types that are consistent with a common prior, and we investigate the connections between our notions of robustness and the notion of common p-belief of Monderer and Samet (1989).pt_BR
dc.format.extentp. 1424-1471pt_BR
dc.format.mediumDigitalpt_BR
dc.identifier.doi10.1093/restud/rdw061pt_BR
dc.identifier.issue4 (301)pt_BR
dc.identifier.urihttps://repositorio.insper.edu.br/handle/11224/4875
dc.identifier.volume84pt_BR
dc.language.isoInglêspt_BR
dc.publisherOxford University Presspt_BR
dc.relation.ispartofThe Review of Economic Studiespt_BR
dc.rights.licenseO INSPER E ESTE REPOSITÓRIO NÃO DETÊM OS DIREITOS DE USO E REPRODUÇÃO DOS CONTEÚDOS AQUI REGISTRADOS. É RESPONSABILIDADE DOS USUÁRIOS INDIVIDUAIS VERIFICAR OS USOS PERMITIDOS NA FONTE ORIGINAL, RESPEITANDO-SE OS DIREITOS DE AUTOR OU EDITORpt_BR
dc.subject.keywordsGames with incomplete informationpt_BR
dc.subject.keywordsRationalizabilitypt_BR
dc.subject.keywordsHigher-order beliefspt_BR
dc.subject.keywordsRobustnesspt_BR
dc.titleCharacterizing the strategic impact of misspecified beliefspt_BR
dc.typejournal article
dspace.entity.typePublication
local.subject.cnpqCiências Sociais Aplicadaspt_BR
local.typeArtigo Científicopt_BR
relation.isAuthorOfPublicationaa879647-fa0d-40da-b742-5f1c7c879b4e
relation.isAuthorOfPublication.latestForDiscoveryaa879647-fa0d-40da-b742-5f1c7c879b4e
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