Interim correlated rationalizability

Eddie Dekel (), Drew Fudenberg and Stephen Morris ()

Theoretical Economics, 2007, vol. 2, issue 1, pages 15-40

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: Rationalizability; incomplete information; common certainty; common knowledge; universal type space (search for similar items in EconPapers)
JEL-codes: C70 C72 (search for similar items in EconPapers)
Date: 2007-03-01
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Related works:
Working Paper: Interim Correlated Rationalizability (2006)
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