Christian W. Bach

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In game theory, basic solution concepts often conflict with experimental findings or intuitive reasoning. This fact is possibly due to the requirement that zero probability be assigned to irrational choices in these concepts. Here, we introduce the epistemic notion of common belief in utility proportional beliefs which also assigns positive probability to(More)
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(More)
The robustness of Aumann's seminal agreement theorem with respect to the common prior assumption is considered. More precisely, we show by means of an example that two Bayesian agents with almost identical prior beliefs can agree to completely disagree on their posterior beliefs. Secondly, a more detailed agent model is introduced where posterior beliefs(More)
We introduce a framework for modeling pairwise interactive beliefs and provide an epis-temic foundation for Nash equilibrium in terms of pairwise epistemic conditions locally imposed on only some pairs of players. Our main result considerably weakens not only the standard sufficient conditions by Aumann and Brandenburger (1995), but also the subsequent(More)
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