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Interim Rationalizability

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  • Eddie Dekel
  • Drew Fudenberg
  • Stephen Morris

Abstract

This paper proposes the solution concept of interim rationalizability, and shows that all type spaces that have the same hierarchies of beliefs have the same set of interim rationalizable outcomes. This solution concept characterizes common knowledge of rationality in the universal type space.

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File URL: http://post.economics.harvard.edu/faculty/fudenberg/papers/interim_rationalizability.pdf
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Bibliographic Info

Paper provided by UCLA Department of Economics in its series Levine's Bibliography with number 666156000000000526.

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Date of creation: 21 Nov 2005
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Handle: RePEc:cla:levrem:666156000000000526

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References

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  1. Robert J. Aumann, 2010. "Correlated Equilibrium as an expression of Bayesian Rationality," Levine's Working Paper Archive 661465000000000377, David K. Levine.
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Citations

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Cited by:
  1. FORGES, Françoise, 2006. "Correlated equilibrium in games with incomplete information revisited," CORE Discussion Papers 2006041, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  2. Eddie Dekel & Drew Fudenberg & Stephen Morris, 2005. "Topologies on Types," Harvard Institute of Economic Research Working Papers 2093, Harvard - Institute of Economic Research.
  3. Pierpaolo Battigalli, 2004. "Rationalization in Signaling Games: Theory and Applications," Working Papers 275, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
  4. Wolfgang Pesendorfer & Faruk Gul, 2007. "The Canonical Space for Behavioral Types," Levine's Bibliography 843644000000000345, UCLA Department of Economics.
  5. Dirk Bergemann & Stephen Morris, 2005. "Robust Implementation: The Role of Large Type Spaces," Cowles Foundation Discussion Papers 1519, Cowles Foundation for Research in Economics, Yale University.

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