Wilson doctrine (economics)

In economic theory, the Wilson doctrine (or Wilson critique) stipulates that game theory should not rely excessively on common knowledge assumptions. Most prominently, it is interpreted as a request for institutional designs to be "detail-free".

Source: Wikipedia — Wilson doctrine (economics) (CC BY-SA 4.0)

Wilson doctrine (economics)

In economic theory, the Wilson doctrine (or Wilson critique) stipulates that game theory should not rely excessively on common knowledge assumptions. Most prominently, it is interpreted as a request for institutional designs to be "detail-free".

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Source: Wikipedia "Wilson doctrine (economics)" · CC BY-SA 4.0

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