Citation:
Dreze, R. J. A., & H., J. . (2004). Assessing Strategic Risk. Discussion Papers. presented at the 5. Retrieved from /files/dp361.pdf
Abstract:
In recent decades, the concept of subjective probability has been increasingly applied to an adversary s choices in strategic games. A careful examination reveals that the standard construction of subjective probabilities does not apply in this context. We show how the difficulty may be overcome by means of a different construction.