Rationalization and Incomplete Information
Author
Abstract
Suggested Citation
DOI: 10.2202/1534-5963.1073
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- P. Battigalli & M. Siniscalchi, 2002. "Rationalization and Incomplete Information," Princeton Economic Theory Working Papers 9817a118e65062903de7c3577, David K. Levine.
References listed on IDEAS
- In-Koo Cho & David M. Kreps, 1987.
"Signaling Games and Stable Equilibria,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 102(2), pages 179-221.
- In-Koo Cho & David M. Kreps, 1997. "Signaling Games and Stable Equilibria," Levine's Working Paper Archive 896, David K. Levine.
- Elchanan Ben-Porath, 1997. "Rationality, Nash Equilibrium and Backwards Induction in Perfect-Information Games," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 64(1), pages 23-46.
- Battigalli, Pierpaolo & Siniscalchi, Marciano, 2002. "Strong Belief and Forward Induction Reasoning," Journal of Economic Theory, Elsevier, vol. 106(2), pages 356-391, October.
- Rubinstein Ariel & Wolinsky Asher, 1994.
"Rationalizable Conjectural Equilibrium: Between Nash and Rationalizability,"
Games and Economic Behavior, Elsevier, vol. 6(2), pages 299-311, March.
- Ariel Rubinstein & Asher Wolinsky, 1991. "Rationalizable Conjectural Equilibrium: Between Nash and Rationalizability," Discussion Papers 933, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- A. Rubinstein & A. Wolinsky, 2010. "Rationalizable Conjectural Equilibrium: Between Nash and Rationalizability," Levine's Working Paper Archive 369, David K. Levine.
- Bernheim, B Douglas, 1984.
"Rationalizable Strategic Behavior,"
Econometrica, Econometric Society, vol. 52(4), pages 1007-1028, July.
- D. B. Bernheim, 2010. "Rationalizable Strategic Behavior," Levine's Working Paper Archive 661465000000000381, David K. Levine.
- D. B. Bernheim, 2010. "Rationalizable Strategic Behavior," Levine's Working Paper Archive 514, David K. Levine.
- Martin J. Osborne & Ariel Rubinstein, 1994.
"A Course in Game Theory,"
MIT Press Books,
The MIT Press,
edition 1, volume 1, number 0262650401, December.
- Martin J Osborne & Ariel Rubinstein, 2009. "A Course in Game Theory," Levine's Bibliography 814577000000000225, UCLA Department of Economics.
- Dekel, Eddie & Fudenberg, Drew & Levine, David K., 2004.
"Learning to play Bayesian games,"
Games and Economic Behavior, Elsevier, vol. 46(2), pages 282-303, February.
- Eddie Dekel & Drew Fudenberg & David K. Levine, 2000. "Learning to Play Bayesian Games," Discussion Papers 1322, Northwestern University, Center for Mathematical Studies in Economics and Management Science, revised Jul 2001.
- Dekel, Eddie & Fudenberg, Drew & Levine, David, 2004. "Learning to Play Bayesian Games," Scholarly Articles 3200612, Harvard University Department of Economics.
- Eddie Dekel & Drew Fudenberg & David K. Levine, 2001. "Learning to Play Bayesian Games," Harvard Institute of Economic Research Working Papers 1926, Harvard - Institute of Economic Research.
- Eddie Dekel & Drew Fudenberg & David K Levine, 2002. "Learning to Play Bayesian Games," Levine's Working Paper Archive 625018000000000151, David K. Levine.
- Battigalli, Pierpaolo, 1996. "Strategic Rationality Orderings and the Best Rationalization Principle," Games and Economic Behavior, Elsevier, vol. 13(2), pages 178-200, April.
- Feinberg, Yossi, 2000. "Characterizing Common Priors in the Form of Posteriors," Journal of Economic Theory, Elsevier, vol. 91(2), pages 127-179, April.
- Morris, Stephen & Skiadas, Costis, 2000.
"Rationalizable Trade,"
Games and Economic Behavior, Elsevier, vol. 31(2), pages 311-323, May.
- Stephen Morris & Skiadas Costis, 1999. "Rationalizable Trade," Cowles Foundation Discussion Papers 1211, Cowles Foundation for Research in Economics, Yale University.
- Battigalli, Pierpaolo & Siniscalchi, Marciano, 1999.
"Hierarchies of Conditional Beliefs and Interactive Epistemology in Dynamic Games,"
Journal of Economic Theory, Elsevier, vol. 88(1), pages 188-230, September.
- Pierpaolo Battigalli, "undated". "Hierarchies of Conditional Beliefs and Interactive Epistemology in Dynamic Games," Working Papers 111, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Fudenberg, Drew & Levine, David K, 1993.
"Self-Confirming Equilibrium,"
Econometrica, Econometric Society, vol. 61(3), pages 523-545, May.
- Fudenberg, D. & Levine, D.K., 1991. "Self-Confirming Equilibrium ," Working papers 581, Massachusetts Institute of Technology (MIT), Department of Economics.
- Drew Fudenberg & David K. Levine, 1993. "Self-Confirming Equilibrium," Levine's Working Paper Archive 2147, David K. Levine.
- Faruk Gul, 1998. "A Comment on Aumann's Bayesian View," Econometrica, Econometric Society, vol. 66(4), pages 923-928, July.
- Dekel, Eddie & Fudenberg, Drew & Levine, David K., 1999.
"Payoff Information and Self-Confirming Equilibrium,"
Journal of Economic Theory, Elsevier, vol. 89(2), pages 165-185, December.
- Eddie Dekel & Drew Fudenberg & David K. Levine, "undated". "Payoff Information and Self-Confirming Equilibrium," ELSE working papers 032, ESRC Centre on Economics Learning and Social Evolution.
- Eddie Dekel & Drew Fudenberg & David K. Levine, "undated". "Payoff Information and Self-Confirming Equilibrium," ELSE working papers 040, ESRC Centre on Economics Learning and Social Evolution.
- Eddie Dekel & Drew Fudenberg & David K. Levine, 1999. "Payoff Information and Self-Confirming Equilibrium," Levine's Working Paper Archive 172, David K. Levine.
- Eddie Dekel & Drew Fudenberg & David K. Levine, 1996. "Payoff Information and Self-Confirming Equilibrium," Harvard Institute of Economic Research Working Papers 1774, Harvard - Institute of Economic Research.
- Levine, David & Dekel, Eddie & Fudenberg, Drew, 1999. "Payoff Information and Self-Confirming Equilibrium," Scholarly Articles 3200614, Harvard University Department of Economics.
- Dekel, E. & Fudenberg, D. & Levine, D.K., 1999. "Payoff information and Self-Confirming Equilibrium," Papers 9-99, Tel Aviv.
- Kalai, Ehud & Lehrer, Ehud, 1995.
"Subjective games and equilibria,"
Games and Economic Behavior, Elsevier, vol. 8(1), pages 123-163.
- Ehud Kalai & Ehud Lehrer, 1993. "Subjective Games and Equilibria: I+," Discussion Papers 1077, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Kalai, Ehud & Lehrer, Ehud, 1993. "Subjective Games and Equilibria," Working Papers 875, California Institute of Technology, Division of the Humanities and Social Sciences.
- Morris, Stephen, 1995. "The Common Prior Assumption in Economic Theory," Economics and Philosophy, Cambridge University Press, vol. 11(2), pages 227-253, October.
- Dirk Bergemann & Stephen Morris, 2012.
"Robust Mechanism Design,"
World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 2, pages 49-96,
World Scientific Publishing Co. Pte. Ltd..
- Dirk Bergemann & Stephen Morris, 2005. "Robust Mechanism Design," Econometrica, Econometric Society, vol. 73(6), pages 1771-1813, November.
- Dirk Bergemann & Stephen Morris, 2003. "Robust Mechanism Design," Levine's Bibliography 666156000000000035, UCLA Department of Economics.
- Dirk Bergemann & Stephen Morris, 2003. "Robust Mechanism Design," Cowles Foundation Discussion Papers 1421R, Cowles Foundation for Research in Economics, Yale University, revised Apr 2004.
- Stephen Morris & Dirk Bergemann, 2004. "Robust Mechanism Design," Yale School of Management Working Papers ysm380, Yale School of Management.
- Dirk Bergemann & Stephen Morris, 2003. "Robust Mechanism Design," Cowles Foundation Discussion Papers 1421, Cowles Foundation for Research in Economics, Yale University.
- Dirk Bergemann & Stephen Morris, 2005. "Robust Mechanism Design," NajEcon Working Paper Reviews 666156000000000593, www.najecon.org.
- Samet, Dov, 1998.
"Common Priors and Separation of Convex Sets,"
Games and Economic Behavior, Elsevier, vol. 24(1-2), pages 172-174, July.
- Dov Samet, 1997. "Common Priors and Separation of Convex Sets," Game Theory and Information 9701002, University Library of Munich, Germany.
- Pierpaolo Battigalli & Joel Watson, 1997.
"On "Reputation" Refinements with Heterogeneous Beliefs,"
Econometrica, Econometric Society, vol. 65(2), pages 369-374, March.
- J. Watson & P. Battigalli, 2010. "On 'Reputation' Refinements with Heterogeneous Beliefs," Levine's Working Paper Archive 582, David K. Levine.
- Eddie Dekel & Asher Wolinsky, 2000.
"Rationalizable Outcomes of Large Independent Private-Value First Price Discrete Auctions,"
Discussion Papers
1308, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Eddie Dekel & Asher Wolinsky, 2001. "Rationalizable outcomes of large independent private-value first-price discrete auctions," Discussion Papers 1321, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Dekel, E. & Wolinsky, A., 2000. "Rationalizable Outcomes of Large Independent Private-Value First-Price Discrete Auctions," Papers 2000-13, Tel Aviv.
- Dekel, E. & Wolinsky, A., 2000. "Rationalizable Outcomes of Large Independent Private-Value First-Price Discrete Auctions," Papers 00-13, Tel Aviv.
- Perry, Motty & Reny, Philip J., 1999.
"A General Solution to King Solomon's Dilemma,"
Games and Economic Behavior, Elsevier, vol. 26(2), pages 279-285, January.
- Perry, M. & Reny, P.J., 1995. "A general solution to king Solomon's dilemma," Discussion Paper 1995-81, Tilburg University, Center for Economic Research.
- Perry, M. & Reny, P.J., 1995. "A general solution to king Solomon's dilemma," Other publications TiSEM cc152fdf-60c5-438f-b80e-8, Tilburg University, School of Economics and Management.
- Perry, M. & Reny, P.J., 1995. "A General Solution to King Solomon's Dilemma," Papers 9581, Tilburg - Center for Economic Research.
- Watson, Joel, 1993.
"A "Reputation" Refinement without Equilibrium,"
Econometrica, Econometric Society, vol. 61(1), pages 199-205, January.
- J. Watson, 2010. "A ‘Reputation’ Refinement without Equilibrium," Levine's Working Paper Archive 580, David K. Levine.
- Reny, Philip J, 1992. "Backward Induction, Normal Form Perfection and Explicable Equilibria," Econometrica, Econometric Society, vol. 60(3), pages 627-649, May.
- Drew Fudenberg & Jean Tirole, 1991. "Game Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262061414, December.
- Samet, Dov, 1998. "Iterated Expectations and Common Priors," Games and Economic Behavior, Elsevier, vol. 24(1-2), pages 131-141, July.
- Sobel, Joel & Stole, Lars & Zapater, Inigo, 1990. "Fixed-equilibrium rationalizability in signaling games," Journal of Economic Theory, Elsevier, vol. 52(2), pages 304-331, December.
- Kalai, Ehud & Lehrer, Ehud, 1993.
"Subjective Equilibrium in Repeated Games,"
Econometrica, Econometric Society, vol. 61(5), pages 1231-1240, September.
- Ehud Kalai & Ehud Lehrer, 1991. "Subjective Equilibrium in Repeated Games," Discussion Papers 981, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Paul Milgrom & Robert Weber, 1981. "Distributional Strategies for Games with Incomplete Information," Discussion Papers 428R, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Pearce, David G, 1984. "Rationalizable Strategic Behavior and the Problem of Perfection," Econometrica, Econometric Society, vol. 52(4), pages 1029-1050, July.
- John C Harsanyi, 1997. "Games with incomplete information played by "bayesian" players," Levine's Working Paper Archive 1175, David K. Levine.
- FORGES, Françoise, 1993.
"Five legitimate definitions of correlated equilibrium in games with incomplete informations,"
LIDAM Reprints CORE
1071, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- FORGES , Françoise, 1993. "Five Legitimate Definitions of Correlated Equilibrium in Games with Incomplete Information," LIDAM Discussion Papers CORE 1993009, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Battigalli, P., 1999. "Rationalizability in Incomplete Information Games," Economics Working Papers eco99/17, European University Institute.
- Ben-Porath, E., 1992. "Rationality, Nash Equilibrium and Backward Induction in Perfect Information Games," Papers 14-92, Tel Aviv - the Sackler Institute of Economic Studies.
- Adam Brandenburger & Eddie Dekel, 2014.
"Hierarchies of Beliefs and Common Knowledge,"
World Scientific Book Chapters, in: The Language of Game Theory Putting Epistemics into the Mathematics of Games, chapter 2, pages 31-41,
World Scientific Publishing Co. Pte. Ltd..
- Brandenburger Adam & Dekel Eddie, 1993. "Hierarchies of Beliefs and Common Knowledge," Journal of Economic Theory, Elsevier, vol. 59(1), pages 189-198, February.
- Giacomo Bonanno & Klaus Nehring, 1999. "How to make sense of the common prior assumption under incomplete information," International Journal of Game Theory, Springer;Game Theory Society, vol. 28(3), pages 409-434.
- Adam Brandenburger & Eddie Dekel, 2014.
"Rationalizability and Correlated Equilibria,"
World Scientific Book Chapters, in: The Language of Game Theory Putting Epistemics into the Mathematics of Games, chapter 3, pages 43-57,
World Scientific Publishing Co. Pte. Ltd..
- Brandenburger, Adam & Dekel, Eddie, 1987. "Rationalizability and Correlated Equilibria," Econometrica, Econometric Society, vol. 55(6), pages 1391-1402, November.
- MERTENS, Jean-François & ZAMIR, Shmuel, 1985. "Formulation of Bayesian analysis for games with incomplete information," LIDAM Reprints CORE 608, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Battigalli, Pierpaolo & Siniscalchi, Marciano, 2003. "Rationalizable bidding in first-price auctions," Games and Economic Behavior, Elsevier, vol. 45(1), pages 38-72, October.
- Paul R. Milgrom & Robert J. Weber, 1985.
"Distributional Strategies for Games with Incomplete Information,"
Mathematics of Operations Research, INFORMS, vol. 10(4), pages 619-632, November.
- Paul Milgrom & Robert Weber, 1981. "Distributional Strategies for Games with Incomplete Information," Discussion Papers 428R, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Pierpaolo Battigalli, 2006.
"Rationalization In Signaling Games: Theory And Applications,"
International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 8(01), pages 67-93.
- Pierpaolo Battigalli, 2004. "Rationalization in Signaling Games: Theory and Applications," Working Papers 275, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Dekel, Eddie & Siniscalchi, Marciano, 2015. "Epistemic Game Theory," Handbook of Game Theory with Economic Applications,, Elsevier.
- Battigalli, Pierpaolo, 2003. "Rationalizability in infinite, dynamic games with incomplete information," Research in Economics, Elsevier, vol. 57(1), pages 1-38, March.
- Battigalli, Pierpaolo & Siniscalchi, Marciano, 2007. "Interactive epistemology in games with payoff uncertainty," Research in Economics, Elsevier, vol. 61(4), pages 165-184, December.
- Battigalli, Pierpaolo & Dufwenberg, Martin, 2009.
"Dynamic psychological games,"
Journal of Economic Theory, Elsevier, vol. 144(1), pages 1-35, January.
- Pierpaolo Battigalli & Martin Dufwenberg, 2005. "Dynamic Psychological Games," Levine's Bibliography 784828000000000046, UCLA Department of Economics.
- Pierpaolo Battigalli & Martin Dufwenberg, 2005. "Dynamic Psychological Games," Working Papers 287, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Battigalli, Pierpaolo & Siniscalchi, Marciano, 1997.
"An Epistemic Characterization of Extensive Form Rationalizability,"
Working Papers
1009, California Institute of Technology, Division of the Humanities and Social Sciences.
- Pierpaolo Battigalli & Marciano Siniscalchi, 1999. "An Epistemic Characterisation of Extensive Form Rationalisability," Working Papers 1999.25, Fondazione Eni Enrico Mattei.
- Guarino, Pierfrancesco, 2020. "An epistemic analysis of dynamic games with unawareness," Games and Economic Behavior, Elsevier, vol. 120(C), pages 257-288.
- Battigalli, Pierpaolo & Siniscalchi, Marciano, 2002. "Strong Belief and Forward Induction Reasoning," Journal of Economic Theory, Elsevier, vol. 106(2), pages 356-391, October.
- Xiao Luo & Ben Wang, 2022. "An epistemic characterization of MACA," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(4), pages 995-1024, June.
- , & , & ,, 2007.
"Interim correlated rationalizability,"
Theoretical Economics, Econometric Society, vol. 2(1), pages 15-40, March.
- Eddie Dekel & Drew Fudenberg & Stephen Morris, 2006. "Interim Correlated Rationalizability," Levine's Bibliography 122247000000001188, UCLA Department of Economics.
- Morris, Stephen & Dekel, Eddie & Fudenberg, Drew, 2007. "Interim Correlated Rationalizability," Scholarly Articles 3196333, Harvard University Department of Economics.
- Battigalli, P. & Catonini, E. & Manili, J., 2023.
"Belief change, rationality, and strategic reasoning in sequential games,"
Games and Economic Behavior, Elsevier, vol. 142(C), pages 527-551.
- Pierpaolo Battigalli & Emiliano Catonini & Julien Manili, 2021. "Belief change, Rationality, and Strategic Reasoning in Sequential Games," Working Papers 679, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Feinberg, Yossi, 2005. "Subjective reasoning--dynamic games," Games and Economic Behavior, Elsevier, vol. 52(1), pages 54-93, July.
- Pierfrancesco Guarino, 2025. "Topology-free type structures with conditioning events," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 79(4), pages 1107-1166, June.
- Battigalli, Pierpaolo & Bonanno, Giacomo, 1999.
"Recent results on belief, knowledge and the epistemic foundations of game theory,"
Research in Economics, Elsevier, vol. 53(2), pages 149-225, June.
- Pierpaolo Battigali & Giacomo Bonanno, "undated". "Recent Results On Belief, Knowledge And The Epistemic Foundations Of Game Theory," Department of Economics 98-14, California Davis - Department of Economics.
- Giacomo Bonanno & Pierpaolo Battigalli, 2003. "Recent Results On Belief, Knowledge And The Epistemic Foundations Of Game Theory," Working Papers 266, University of California, Davis, Department of Economics.
- Battigalli, Pierpaolo & Siniscalchi, Marciano, 1999.
"Hierarchies of Conditional Beliefs and Interactive Epistemology in Dynamic Games,"
Journal of Economic Theory, Elsevier, vol. 88(1), pages 188-230, September.
- Pierpaolo Battigalli, "undated". "Hierarchies of Conditional Beliefs and Interactive Epistemology in Dynamic Games," Working Papers 111, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Perea, Andrés, 2017. "Forward induction reasoning and correct beliefs," Journal of Economic Theory, Elsevier, vol. 169(C), pages 489-516.
- Arnaud Wolff, 2019. "On the Function of Beliefs in Strategic Social Interactions," Working Papers of BETA 2019-41, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Jonathan Weinstein & Muhamet Yildiz, 2004. "Finite-Order Implications of Any Equilibrium," Levine's Working Paper Archive 122247000000000065, David K. Levine.
- Catonini, Emiliano, 2019. "Rationalizability and epistemic priority orderings," Games and Economic Behavior, Elsevier, vol. 114(C), pages 101-117.
- Müller, Christoph, 2016. "Robust virtual implementation under common strong belief in rationality," Journal of Economic Theory, Elsevier, vol. 162(C), pages 407-450.
More about this item
Keywords
Incomplete Information; Rationalizability; Bayesian Equilibrium; Self-Confirming Equilibrium; Iterated Intuitive Criterion;All these keywords.
JEL classification:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:bejtec:v:advances.3:y:2003:i:1:n:3. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyterbrill.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.