Economics > General Economics
[Submitted on 10 Apr 2023
(v1)
, last revised 13 Apr 2023 (this version, v2)]
Title: On the state-space model of unawareness
Title: 关于无知的状态空间模型
Abstract: We show that the knowledge of an agent carrying non-trivial unawareness violates the standard property of 'necessitation', therefore necessitation cannot be used to refute the standard state-space model. A revised version of necessitation preserves non-trivial unawareness and solves the classical Dekel-Lipman-Rustichini result. We propose a generalised knowledge operator consistent with the standard state-space model of unawareness, including the model of infinite state-space.
Submission history
From: Alex Augusto Timm Rathke [view email][v1] Mon, 10 Apr 2023 14:45:13 UTC (9 KB)
[v2] Thu, 13 Apr 2023 19:24:59 UTC (9 KB)
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