Skip to main content

A Unified Epistemic Analysis of Iterated Elimination Algorithms from Regret Viewpoint

  • Conference paper
Logic, Rationality, and Interaction (LORI 2013)

Part of the book series: Lecture Notes in Computer Science ((LNTCS,volume 8196))

Included in the following conference series:

  • 1099 Accesses

Abstract

In this paper, we re-explain four types of players’ rationality from the viewpoint of strategy-choosing regret, and we provide a unified logic of epistemic characterization of the four iterated elimination algorithms IESD (Iterated Elimination Strictly Dominated strategy), Rationalizablity (also called iterated elimination strategies that are never best responses), IA (Iterated Admissibility) and IERS (Iterated Elimination Regret-dominated Strategy). The unified characterization extends van Benthem’s work of linking game theory with epistemic logic and provides further insights into exploring the rationale of these iterated eliminating algorithms. In addition, to clarify the proof-theoretic principles assumed in players’ reasoning, we also develop an axiomatic presentation for our results.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Apt, K.R., Zvesper, J.A.: Common beliefs and public announcements in strategic games with arbitrary strategy sets. arXiv preprint, arXiv:0710.3536 (2007)

    Google Scholar 

  2. Baltag, A., Gierasimczuk, N., Smets, S.: Belief revision as a truth-tracking process. In: Proceedings of the 12th Conference on Theoretical Aspects of Rationality and Knowledge, pp. 187–190 (2011)

    Google Scholar 

  3. Baltag, A., Moss, L.S., Solecki, S.: The logic of public announcements, common knowledge and private suspicious. Technical Report SEN-R9922, CWI, Amsterdam University (1999)

    Google Scholar 

  4. Basu, K.: The traveler’s dilemma: Paradoxes of rationality in game theory. American Economic Review 84(2), 391–395 (1994)

    Google Scholar 

  5. Basu, K.: The traveler’s dilemma. Journal of the American Statistical Association 46, 55–67 (2007)

    Google Scholar 

  6. Blackburn, P., van Benthem, J., Wolter, F.: Handbook of Modal Logic. Elsevier Science Inc. (2007)

    Google Scholar 

  7. Bonanno, G.: A syntactic approach to rationality in games with ordinal payoffs, vol. 3. Amsterdam University Press, Amsterdam (2008)

    Google Scholar 

  8. Brandenburger, A., Friedenberg, A., Keisler, H.J.: Admissibility in games. Econometrica 76(2), 307–352 (2008)

    MathSciNet  MATH  Google Scholar 

  9. Cui, J., Luo, X., Sim, K.M.: A new epistemic logic model of regret games. In: Wang, M. (ed.) KSEM 2013. LNCS (LNAI), vol. 8041, pp. 372–386. Springer, Heidelberg (2013)

    Chapter  Google Scholar 

  10. Cui, J., Tang, X.: A method for solving Nash equilibria of games based on public announcement logic. Science China (Information Science) 53(7), 1358–1368 (2010)

    Article  MathSciNet  Google Scholar 

  11. David, P.: Rationalizable strategic behavior and the problem of perfection. Econometrica 52(4), 1029–1050 (1984)

    Article  MathSciNet  MATH  Google Scholar 

  12. van Ditmarsch, H., Lang, J., Ju, S. (eds.): LORI 2011. LNCS, vol. 6953. Springer, Heidelberg (2011)

    MATH  Google Scholar 

  13. Halpern, J.Y., Pass, R.: A logical characterization of iterated admissibility. In: Proceedings of the 12th Conference on Theoretical Aspects of Rationality and Knowledge, pp. 146–155 (2009)

    Google Scholar 

  14. Halpern, J.Y., Pass, R.: Iterated regret minimization: A new solution concept. Games and Economic Behavior 74(1), 184–207 (2012)

    Article  MathSciNet  MATH  Google Scholar 

  15. Ludovic, R., Schlag, K.H.: Implementation in minimax regret equilibrium. Games and Economic Behavior 71(2), 527–533 (2011)

    Article  MathSciNet  MATH  Google Scholar 

  16. Plaza, J.A.: Logics of public communications. In: Proceedings of the 4th International Symposiumon Methodologies for Intelligent Systems, pp. 201–216 (1989)

    Google Scholar 

  17. Rosenthal, R.: Games of perfect information, predatory pricing, and the chain store. Journal of Economic Theory 25(1), 92–100 (1981)

    Article  MathSciNet  MATH  Google Scholar 

  18. Rubinstein, A.: A Course in Game Theory. The MIT Press, Cambridge (1994)

    MATH  Google Scholar 

  19. Stoye, J.: Axioms for minimax regret choice correspondences. Journal of Economic Theory 146(6), 2226–2251 (2011)

    Article  MathSciNet  MATH  Google Scholar 

  20. Tarski, A.: A lattice-theoretical fixpoint theorem and its applications. Pacific Journal of Mathematics 5(2), 285–309 (1955)

    Article  MathSciNet  MATH  Google Scholar 

  21. van Benthem, J.: Rational dynamics and epistemic logic in games. International Game Theory Review 9(1), 13–45 (2007)

    Article  MathSciNet  MATH  Google Scholar 

  22. van Benthem, J.: Logical Dynamcis of Information. Cambridge University Press (2011)

    Google Scholar 

  23. van Benthem, J., Pacuit, E., Roy, O.: Toward a theory of play: A logical perspective on games and interaction. Games 2(1), 52–86 (2011)

    Article  MathSciNet  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2013 Springer-Verlag Berlin Heidelberg

About this paper

Cite this paper

Cui, J., Luo, X. (2013). A Unified Epistemic Analysis of Iterated Elimination Algorithms from Regret Viewpoint. In: Grossi, D., Roy, O., Huang, H. (eds) Logic, Rationality, and Interaction. LORI 2013. Lecture Notes in Computer Science, vol 8196. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-40948-6_7

Download citation

  • DOI: https://doi.org/10.1007/978-3-642-40948-6_7

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-40947-9

  • Online ISBN: 978-3-642-40948-6

  • eBook Packages: Computer ScienceComputer Science (R0)

Publish with us

Policies and ethics