Universality of the Epstein-Wang type structure
Yi-Chun Chen ()
Games and Economic Behavior, 2010, vol. 68, issue 1, 389-402
Abstract:
We prove that the type structure constructed in [Epstein, L., Wang, T., 1996. 'Belief about belief' without probabilities. Econometrica 64, 1343-1373] is a universal/terminal type structure into which every suitably regular type structure can be embedded. Moreover, it is unique up to a homeomorphism and every belief-complete type space can be mapped onto the universal one. We also show how our results help understand connections among several existing constructions.
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:eee:gamebe:v:68:y:2010:i:1:p:389-402
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