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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 Written
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Persistent link: http://EconPapers.repec.org/RePEc:the:publsh:140
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