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Rational Strategic Choice Revisited

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Author Info
Bernheim, B Douglas

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Abstract

This note corrects an error in B. Douglas Bernheim's (1986) axiomatic characterization of solution concepts for strategic games. Unlike the correction offered by Olivier De Wolf and Francois Forges (1998), the approach taken here preserves Bernheim's central results concerning the interrelationship between solution concepts. Copyright 1998 by The editors of the Scandinavian Journal of Economics.

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Publisher Info
Article provided by Blackwell Publishing in its journal Scandinavian Journal of Economics.

Volume (Year): 100 (1998)
Issue (Month): 2 (June)
Pages: 537-41
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Handle: RePEc:bla:scandj:v:100:y:1998:i:2:p:537-41

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  1. Robin Cubitt & Robert Sugden, 2005. "Common reasoning in games: a resolution of the paradoxes of ‘common knowledge of rationality’," Discussion Papers 2005-17, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham. [Downloadable!]
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