Interim Rationalizability

Eddie Dekel, Drew Fudenberg and Stephen Morris

No 2064, Harvard Institute of Economic Research Working Papers from Harvard - Institute of Economic Research

Abstract: This paper proposes the solution concept of interim rationalizability, and shows that all type spaces that have the same hierarchies of beliefs have the same set of interim rationalizable outcomes. This solution concept characterizes common knowledge of rationality in the universal type space.

Date: 2005
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