Nash equilibrium presumes that players have expected utility preferences, and therefore the beliefs of each player are represented by a probability measure. Motivated by Ellsberg-type behavior, which contradicts the probabilistic representation of beliefs, we generalize Nash equilibrium in n-player strategic games to allow for preferences conforming to the maxmin expected utility model of Gilboa and Schmeidler [Journal of Mathematical Economics, 18 (1989), 141–153]. With no strings attached, our equilibrium concept can be characterized by the suitably modified epistemic conditions for Nash equilibrium.Agreeing to disagree, Correlated equilibrium, Epistemic conditions, Knightian uncertainty, Multiple priors, Nash equilibrium
If players' beliefs are strictly non-additive, the Dempster-Shafer updating rule can be used to defi...
Author's pre-printIf players' beliefs are strictly nonadditive, the Dempster–Shafer updating rule ca...
If players' beliefs are strictly non-additive, the Dempster-Shafer updating rule can be used to defi...
The Nash equilibrium concept combines two fundamental ideas. First, rational players choose the most...
The Nash equilibrium concept combines two fundamental ideas. First, rational players choose the most...
The Nash equilibrium concept combines two fundamental ideas. First, rational players choose the mos...
The Nash equilibrium concept combines two fundamental ideas. First, rational players choose the most...
The Nash equilibrium concept combines two fundamental ideas. First, rational players choose the most...
We introduce a new solution concept, called correlated-belief equilibrium. The difference to nash eq...
We introduce a new solution concept, called correlated-belief equilibrium. The difference to nash eq...
Consider a two player game that is to be played once. The players receive information that they use ...
We introduce a new solution concept, called correlated-belief equilibrium. The difference to nash eq...
We introduce a new solution concept, called correlated-belief equilibrium. The difference to nash eq...
We introduce a new solution concept, called correlated-belief equilibrium. The difference to nash eq...
We introduce a new solution concept, called correlated-belief equilibrium. The difference to nash eq...
If players' beliefs are strictly non-additive, the Dempster-Shafer updating rule can be used to defi...
Author's pre-printIf players' beliefs are strictly nonadditive, the Dempster–Shafer updating rule ca...
If players' beliefs are strictly non-additive, the Dempster-Shafer updating rule can be used to defi...
The Nash equilibrium concept combines two fundamental ideas. First, rational players choose the most...
The Nash equilibrium concept combines two fundamental ideas. First, rational players choose the most...
The Nash equilibrium concept combines two fundamental ideas. First, rational players choose the mos...
The Nash equilibrium concept combines two fundamental ideas. First, rational players choose the most...
The Nash equilibrium concept combines two fundamental ideas. First, rational players choose the most...
We introduce a new solution concept, called correlated-belief equilibrium. The difference to nash eq...
We introduce a new solution concept, called correlated-belief equilibrium. The difference to nash eq...
Consider a two player game that is to be played once. The players receive information that they use ...
We introduce a new solution concept, called correlated-belief equilibrium. The difference to nash eq...
We introduce a new solution concept, called correlated-belief equilibrium. The difference to nash eq...
We introduce a new solution concept, called correlated-belief equilibrium. The difference to nash eq...
We introduce a new solution concept, called correlated-belief equilibrium. The difference to nash eq...
If players' beliefs are strictly non-additive, the Dempster-Shafer updating rule can be used to defi...
Author's pre-printIf players' beliefs are strictly nonadditive, the Dempster–Shafer updating rule ca...
If players' beliefs are strictly non-additive, the Dempster-Shafer updating rule can be used to defi...