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Interim correlated rationalizability

, (), , () and , ()
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,: Northwestern University and Tel Aviv University
,: Harvard University
,: Princeton University

Authors registered in the RePEc Author Service: Drew Fudenberg, Stephen Morris and Eddie Dekel

Theoretical Economics, 2007, vol. 2, issue 1, 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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Citations: View citations in EconPapers (99)

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Working Paper: Interim Correlated Rationalizability (2007) Downloads
Working Paper: Interim Correlated Rationalizability (2006) Downloads
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