Assessing Strategic Risk

Robert Aumann and Jacques Dreze

No 2005020, Discussion Papers (ECON - Département des Sciences Economiques) from Université catholique de Louvain, Département des Sciences Economiques

Abstract: In recent decades, the concept of subjective probability has been increasingly applied to an adversary’s choices in strategic games. A careful examination reveals that the standard construction of subjective probabilities does not apply in this context. We show how the difficulty may be overcome by means of a different construction, and provide an axiomatic fondation for it.

Pages: 17
Date: 2005-03-01
New Economics Papers: this item is included in nep-bec
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Citations: View citations in EconPapers (4)

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Related works:
Journal Article: Assessing Strategic Risk (2009)
Working Paper: Assessing strategic risk (2009)
Working Paper: Assessing strategic risk (2005)
Working Paper: Assessing Strategic Risk (2004)
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