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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://www.economics.harvard.edu/pub/hier/2005/HIER2064.pdf
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Bibliographic Info

Paper provided by Harvard - Institute of Economic Research in its series Harvard Institute of Economic Research Working Papers with number 2064.

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Date of creation: 2005
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Handle: RePEc:fth:harver:2064

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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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Cited by:
  1. Pierpaolo Battigalli, 2004. "Rationalization in Signaling Games: Theory and Applications," Working Papers 275, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
  2. Dirk Bergemann & Stephen Morris, 2005. "Robust Implementation: The Role of Large Type Spaces," Levine's Bibliography 784828000000000116, UCLA Department of Economics.
  3. 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).
  4. Wolfgang Pesendorfer & Faruk Gul, 2007. "The Canonical Space for Behavioral Types," Levine's Bibliography 843644000000000345, UCLA Department of Economics.
  5. Dekel, Eddie & Fudenberg, Drew & Morris, Stephen, 2006. "Topologies on Types," Scholarly Articles 3160489, Harvard University Department of Economics.

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