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Monotonic Models and Cycles

Rodrigues-Neto, Jose


A partitional model of knowledge is monotonic if there exists a linear order on the state space such that, for every player, each element of her partition contains only a sequence of consecutive states. In monotonic models, the absence of alternating cycles is equivalent to the property that, for every pair of players, the join of their partitions contains only singletons. Under these equivalent conditions any set of posteriors for the players is consistent (i.e., there is a common prior). When...[Show more]

CollectionsANU Research Publications
Date published: 2014
Type: Journal article
Source: International Journal of Game Theory
DOI: 10.1007/s00182-013-0385-7


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