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UID:20250928T183831EDT-07505VNGcw@132.216.98.100
DTSTAMP:20250928T223831Z
DESCRIPTION:'Generalizing Obvious Dominance using the Sure-thing Principle'
 \n\nChew Soo Hong (National University of Singapore)\n	October 21\, 2022\, 
 3:30 to 5:00 PM\n	Leacock 429\n\nHost: Larry Epstein\n	Field: Theory\n\nAbst
 ract:\n	We offer a class of solution concepts for dynamic games by allowing
  obvious dominance (OD\, Li\, 2017) to be facilitated by players’ applicat
 ion of the sure-thing principle (STP\, Savage\, 1954) on relevant events i
 n their contingent reasoning. In the resulting k-OD equilibrium\, a lower 
 k reflects a less demanding level of sophistication in applying STP. We pr
 esent the class of gradual mechanisms\, featuring dynamic information feed
 back\, as a revelation principle for k-OD implementation. Applying k-OD to
  implement generalized median voter schemes\, we show how an increasing so
 phistication level k extends the range of implementable social choice func
 tions.\n	 \n\n \n
DTSTART:20221021T193000Z
DTEND:20221021T210000Z
LOCATION:Leacock 429\, Leacock Building\, CA\, QC\, Montreal\, H3A 2T7\, 85
 5 rue Sherbrooke Ouest
SUMMARY:Chew Soo Hong (National University of Singapore)\, 'Generalizing Ob
 vious Dominance using the Sure-thing Principle'
URL:/economics/channels/event/chew-soo-hong-national-u
 niversity-singapore-generalizing-obvious-dominance-using-sure-thing-340410
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