Skip to main content

Faculty & Research


p-Dominance and Belief Potential

Morris G. D., Rob R., Shin H. (1995). 
p-Dominance and Belief Potential.
 Econometrica63(1), pp145-157.
Journal Article
Discusses the logic behind papers, which show that a unique equilibrium is selected in the presence of higher order uncertainty during which players lack common knowledge. The paper also discusses the concept of belief potential of the information system and p-dominance of Nash-equilibria of the game, and Circumstances under which a set of equilibria varies with the amount of common knowledge.

Emeritus Professor of Accounting and Control