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Assessing Strategic Risk

Robert Aumann and Jacques Dreze

Discussion Paper Series from The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem

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.

Date: 2004-05
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Related works:
Journal Article: Assessing Strategic Risk (2009) Downloads
Working Paper: Assessing strategic risk (2009) Downloads
Working Paper: Assessing strategic risk (2005) Downloads
Working Paper: Assessing Strategic Risk (2005) Downloads
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