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Interim Rationalizability

Author

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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.

Suggested Citation

  • Eddie Dekel & Drew Fudenberg & Stephen Morris, 2005. "Interim Rationalizability," Harvard Institute of Economic Research Working Papers 2064, Harvard - Institute of Economic Research.
    • Handle: RePEc:fth:harver:2064
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    File URL: http://www.economics.harvard.edu/pub/hier/2005/HIER2064.pdf
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    Cited by:

    1. Wolfgang Pesendorfer & Faruk Gul, 2007. "The Canonical Space for Behavioral Types," Levine's Bibliography 843644000000000345, UCLA Department of Economics.
    2. Françoise Forges, 2006. "Correlated Equilibrium in Games with Incomplete Information Revisited," Theory and Decision, Springer, vol. 61(4), pages 329-344, December.
    3. 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.
    4. 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.
    5. , & , & ,, 2006. "Topologies on types," Theoretical Economics, Econometric Society, vol. 1(3), pages 275-309, September.

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