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    The epistemic approach focuses on the choices of individu... — Carmelics
    Home/Moral Responsibility
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    Supports→The epistemic approach to game theory provides a bottom-up alternative to classical top-down game theory

    The epistemic approach focuses on the choices of individual decision makers in specific informational contexts

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    Classical game theory proceeds top-down rather than from individual decision-mak...Individual choices are assessed on the basis of decision-theoretic choice rulesThe epistemic approach to game theory provides a bottom-up alternative to classi...

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    The epistemic approach to game theory focuses on the choices of individual decision makers in specific informational contexts, assessed on the basis of decision-theoretic choice rules. This is a bottom-up, as opposed to the classical top-down, approach. Early work in this paradigm include Bernheim (1984) and Pearce’s (1984) notion of rationalizability and Aumann’s derivation of correlated equilibrium from the minimal assumption that the players are “Bayesian rational” (Aumann 1987).

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