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Assessing strategic risk

Robert Aumann and Jacques Dreze

No 2005020, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

Abstract: In recent decades, the concept of subjective probability has been increasingly applied to an adversary's choices in strategic games. A careful examination reveals that the standard construction of subjective probabilities does not apply in this context. We show how the difficulty may be overcome by means of a different construction, and provide an axiomatic foundation for it.

Date: 2005-02
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Citations: View citations in EconPapers (4)

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https://sites.uclouvain.be/core/publications/coredp/coredp2005.html (text/html)

Related works:
Journal Article: Assessing Strategic Risk (2009) Downloads
Working Paper: Assessing strategic risk (2009)
Working Paper: Assessing Strategic Risk (2005) Downloads
Working Paper: Assessing Strategic Risk (2004) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:2005020

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