On epistemic conditions for correlated rationalizability in networks
Shinya Sugiura
Economics Letters, 2025, vol. 256, issue C
Abstract:
We develop an epistemic foundation for correlated rationalizability within a network framework, in which epistemic conditions are imposed locally between neighboring pairs of players. Our conditions do not require mutual knowledge of rationality across the entire network, a common prior, or network connectivity, thereby generalizing the results of Zambrano (2008) and Tsakas (2013).
Keywords: Rationalizability; Network; Mutual knowledge; Common prior (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:256:y:2025:i:c:s0165176525004641
DOI: 10.1016/j.econlet.2025.112627
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