Topology-Free Type Structures with Conditioning Events

Fuente: arXiv
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Main Author: Guarino, Pierfrancesco
Format: Preprint
Published: 2022
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author Guarino, Pierfrancesco
author_facet Guarino, Pierfrancesco
contents We establish the existence of the universal type structure in presence of conditioning events without any topological assumption, namely, a type structure that is terminal, belief-complete, and non-redundant, by performing a construction à la Heifetz & Samet (1998). In doing so, we answer affirmatively to a longstanding conjecture made by Battigalli & Siniscalchi (1999) concerning the possibility of performing such a construction with conditioning events. In particular, we obtain the result by exploiting arguments from category theory and the theory of coalgebras, thus, making explicit the mathematical structure underlining all the constructions of large interactive structures and obtaining the belief-completeness of the structure as an immediate corollary of known results from these fields.
format Preprint
id arxiv_https___arxiv_org_abs_2212_07246
institution arXiv
publishDate 2022
record_format arxiv
spellingShingle Topology-Free Type Structures with Conditioning Events
Guarino, Pierfrancesco
Theoretical Economics
We establish the existence of the universal type structure in presence of conditioning events without any topological assumption, namely, a type structure that is terminal, belief-complete, and non-redundant, by performing a construction à la Heifetz & Samet (1998). In doing so, we answer affirmatively to a longstanding conjecture made by Battigalli & Siniscalchi (1999) concerning the possibility of performing such a construction with conditioning events. In particular, we obtain the result by exploiting arguments from category theory and the theory of coalgebras, thus, making explicit the mathematical structure underlining all the constructions of large interactive structures and obtaining the belief-completeness of the structure as an immediate corollary of known results from these fields.
title Topology-Free Type Structures with Conditioning Events
topic Theoretical Economics
url https://arxiv.org/abs/2212.07246