English

On the state-space model of unawareness

General Economics 2023-04-17 v2 Economics

Abstract

We show that the knowledge of an agent carrying non-trivial unawareness violates the standard property of 'necessitation', therefore necessitation cannot be used to refute the standard state-space model. A revised version of necessitation preserves non-trivial unawareness and solves the classical Dekel-Lipman-Rustichini result. We propose a generalised knowledge operator consistent with the standard state-space model of unawareness, including the model of infinite state-space.

Keywords

Cite

@article{arxiv.2304.04626,
  title  = {On the state-space model of unawareness},
  author = {Alex A. T. Rathke},
  journal= {arXiv preprint arXiv:2304.04626},
  year   = {2023}
}

Comments

working paper, please reference this version in further studies