A NOTE ON BELIEFS FORMATION IN SIGNALING GAMES

Authors
OLCINA G URBANO A
Citation
G. Olcina et A. Urbano, A NOTE ON BELIEFS FORMATION IN SIGNALING GAMES, Economics letters, 44(1-2), 1994, pp. 55-59
Citations number
2
Categorie Soggetti
Economics
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
44
Issue
1-2
Year of publication
1994
Pages
55 - 59
Database
ISI
SICI code
0165-1765(1994)44:1-2<55:ANOBFI>2.0.ZU;2-0
Abstract
We present a new criterion, called incentive dominance, for belief for mation in signalling games, which subsumes refinements criteria such a s equilibrium dominance and divinity. It captures the principle of for ward induction through explicitly modelling the player's thought proce ss when forming preliminary beliefs.