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Informational robustness of common belief in rationality

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  • Ziegler, Gabriel

Abstract

In this note, I explore the implications of informational robustness under the assumption of common belief in rationality. That is, predictions for incomplete-information games which are valid across all possible information structures. First, I address this question from a global perspective and then generalize the analysis to allow for localized informational robustness.

Suggested Citation

  • Ziegler, Gabriel, 2022. "Informational robustness of common belief in rationality," Games and Economic Behavior, Elsevier, vol. 132(C), pages 592-597.
  • Handle: RePEc:eee:gamebe:v:132:y:2022:i:c:p:592-597
    DOI: 10.1016/j.geb.2022.01.025
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    More about this item

    Keywords

    Informational robustness; Rationalizability; Incomplete information; Bayesian game;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

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