Abstract
Following the decision-theoretic approach to game theory, we extend the analysis of Epstein and Wang (1996) and Di Tillio (2008) from hierarchies of preference relations to hierarchies of choice functions. We then construct the universal choice structure containing all these choice hierarchies, and show how the universal preference structure from Di Tillio (2008) is embedded in it.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.