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Revisiting the state-space model of unawareness

Published 15 Sep 2024 in econ.GN and q-fin.EC | (2409.09818v1)

Abstract: We propose a knowledge operator based on the agent's possibility correspondence which preserves her non-trivial unawareness within the standard state-space model. Our approach may provide a solution to the classical impossibility result that 'an unaware agent must be aware of everything'.

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