Interim correlated rationalizability

Eddie Dekel; Drew Fudenberg; Stephen Morris

Interim correlated rationalizability

Eddie Dekel^*, Drew Fudenberg, Stephen Morris

^*Corresponding author for this work

School of Economics

Research output: Contribution to journal › Article › peer-review

90 Scopus citations

Abstract

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

Original language	English
Pages (from-to)	15-40
Number of pages	26
Journal	Theoretical Economics
Volume	2
Issue number	1
State	Published - Mar 2007

Keywords

Common certainty
Common knowledge
Incomplete information
Rationalizability
Universal type space

Cite this

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Interim correlated rationalizability

Abstract

Keywords

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