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Every hierarchy of beliefs is a type
[article]
2012
arXiv
pre-print
When modeling game situations of incomplete information one usually considers the players' hierarchies of beliefs, a source of all sorts of complications. Hars\'anyi (1967-68)'s idea henceforth referred to as the "Hars\'anyi program" is that hierarchies of beliefs can be replaced by "types". The types constitute the "type space". In the purely measurable framework Heifetz and Samet (1998) formalize the concept of type spaces and prove the existence and the uniqueness of a universal type space.
arXiv:0805.4007v3
fatcat:iezs3rb5qbhbvods6yyao7dkau