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

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

@article{dfbc607cd52545a8998052c5ce29297b,

title = "Interim correlated rationalizability",

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.",

keywords = "Common certainty, Common knowledge, Incomplete information, Rationalizability, Universal type space",

author = "Eddie Dekel and Drew Fudenberg and Stephen Morris",

year = "2007",

month = mar,

language = "אנגלית",

volume = "2",

pages = "15--40",

journal = "Theoretical Economics",

issn = "1555-7561",

publisher = "Wiley-Blackwell",

number = "1",

}

TY - JOUR

T1 - Interim correlated rationalizability

AU - Dekel, Eddie

AU - Fudenberg, Drew

AU - Morris, Stephen

PY - 2007/3

Y1 - 2007/3

N2 - 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.

AB - 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.

KW - Common certainty

KW - Common knowledge

KW - Incomplete information

KW - Rationalizability

KW - Universal type space

UR - http://www.scopus.com/inward/record.url?scp=33947671175&partnerID=8YFLogxK

M3 - ???researchoutput.researchoutputtypes.contributiontojournal.article???

AN - SCOPUS:33947671175

SN - 1555-7561

VL - 2

SP - 15

EP - 40

JO - Theoretical Economics

JF - Theoretical Economics

IS - 1

ER -

Interim correlated rationalizability

Abstract

Keywords

Other files and links

Fingerprint

Cite this