Speaker: | Atsushi Kajii |
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Speaker Intro: |
Professor of Economics, Institute of Economic Research, Kyoto University, chief editor of Journal of Mathematical Economics. |
Host: | |
Description: |
“Ambiguity”or “vagueness” can be a strategic variable for a party with informational advantage. There is a large class of strategic environments where ambiguity is an important and useful strategic variable, but modeling strategic ambiguity unambiguously is a challenge. I will argue that “ambiguity” can be understood as concealed Bayesian information, and strategic ambiguity can formally be addressed with a minimal departure from the standard theory of Bayesian games. |
Time: | 2016-12-27(Tuesday)16:40-18:00 |
Venue: | N303, Econ Building |
Organizer: |