How to Interpret Belief Hierarchies in Bayesian Game Theory: A Dilemma for the Epistemic Program
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DOI: 10.1007/s10670-020-00360-y
Abstract: This article proposes two interpretations of the concept of belief hierarchies in Bayesian game theory: the behaviorist interpretation and the mentalist interpretation. On the former, belief hierarchies are derived from the players’ preferences over acts.… read more here.
Keywords: bayesian game; game theory; belief hierarchies; interpretation ... See more keywords