Interactive Beliefs and Forward Induction
Pierpaolo Battigalli () and
Marciano Siniscalchi
Economics Working Papers from European University Institute
Abstract:
The authors provide an epistemic analysis of forward induction in games with complete and incomplete information. They suggest that forward induction may be usefully interpreted as a set of assumptions governing the players' belief revision processes, and define a notion of strong belief to formalize these assumptions.
Keywords: INFORMATION; GAME THEORY (search for similar items in EconPapers)
JEL-codes: C70 D82 (search for similar items in EconPapers)
Pages: 56 pages
Date: 1999
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Working Paper: Interactive Beliefs and Forward Induction (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:eui:euiwps:eco99/15
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