The standard approach to logic in the literature in philosophy and mathemat
ics, which has also been adopted in computer science, is to define a langua
ge (the syntax), an appropriate class of models together with an interpreta
tion of formulas in the language (the semantics), a collection of axioms an
d rules of inference characterizing reasoning (the proof theory), and then
relate the proof theory to the semantics via soundness and completeness res
ults. Here we consider an approach that is more common in the economics lit
erature, which works purely at the semantic, set-theoretic level. We provid
e set-theoretic completeness results for a number of epistemic and conditio
nal logics, and contrast the expressive power of the syntactic and set-theo
retic approaches.