Corrigendum to “Rationality and coherent theories of strategic behavior” [J. Econ. Theory 70 (1) (1996) 1–31]
Xiao Luo and
Journal of Economic Theory, 2017, vol. 167, issue C, 269-273
We show, by means of a counterexample, that Propositions 3, 4, and 7 in Gul (1996) [G96] are incorrect. Our example is also a counterexample to Lemma 1 in G96, which is the basis for the proofs of these propositions. We provide insight for the source of the problem in the definition of a perfect τ-theory in G96, and then offer a modification that restores these results in G96.
Keywords: Game theory; Perfect τ-theories (search for similar items in EconPapers)
JEL-codes: C72 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jetheo:v:167:y:2017:i:c:p:269-273
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