Search Results - subject:"rationalizability."

Interim Partially Correlated Rationalizability

Tang, Qianfeng - Volkswirtschaftliche Fakultät, … - 2010

correlated rationalizability for games with incomplete information. We argue that the distinction between this solution concept … and the interim correlated rationalizability studied by Dekel, Fudenberg and Morris (2007) is fundamental, in that the … partially correlated rationalizability if and only if they have the same infinite hierarchy of beliefs over conditional beliefs …

Persistent link: https://www.econbiz.de/10008728075

A note on rationalizability and restrictions on belief

Cappelletti, Giuseppe - Banca d'Italia - 2010

Rationalizability is a widely accepted solution concept in the study of strategic form game with complete information …. Battigalli and Siniscalchi extend rationalizability and derive the solution concept called ?-rationalizability. Their analysis is … ?-rationalizability with a new notion of iterative dominance which is able to capture the additional hypothesis on players' beliefs. …

Persistent link: https://www.econbiz.de/10008509917

Rationalizable Implementation

Bergemann, Dirk; Morris, Stephen; Tercieux, Olivier - Cowles Foundation for Research in Economics, Yale University - 2010

concept of rationalizability. Assuming the social choice function is responsive (i.e., it never selects the same outcome in …

Persistent link: https://www.econbiz.de/10008476247

Common Knowledge of Rationality and Market Clearing in Economies with Asymmetric Information

Ben-Porath, Elchanan; Heifetz, Aviad - Center for Mathematical Studies in Economics and … - 2010

solution notion - Ex - Post Rationalizability - that is defined directly in terms of the parameters that define the economy. We …

Persistent link: https://www.econbiz.de/10008597103

P-Stable Equilibrium : Definition and Some Properties

Desgranges, Gabriel; Ghosal, Sayantan - Department of Economics, University of Warwick - 2010

We define a continuous index of strategic stability,p.stability, which requires equilibrium to be the unique outcome compatible with common knowledge of rationality and common knowledge of p.beliefs (beliefs that put probability at least p on the equilibrium profile). We show that every...

Persistent link: https://www.econbiz.de/10008764447

On the Beliefs off the Path: Equilibrium Refinement due to Quantal Response and Level-k*

Breitmoser, Yves; Tan, Jonathan H.W.; Zizzo, Daniel John - Business School, University of Nottingham - 2010

limiting logit equilibrium), and alternatively that of level-k reasoning (extensive form rationalizability), restricts beliefs …

Persistent link: https://www.econbiz.de/10008629915

Uniform topologies on types

Xiong, Siyang; Chen, Yi-Chun; di Tillio, Alfredo; … - In: Theoretical Economics 5 (2010) 3

We study the robustness of interim correlated rationalizability to perturbations of higher-order beliefs. We introduce …

Persistent link: https://www.econbiz.de/10008631386

Uniform topologies on types

Chen, Yi-chun; Di Tillio, Alfredo; Xiong, Siyang; … - In: Theoretical economics : TE ; an open access journal in … 5 (2010) 3, pp. 445-478

We study the robustness of interim correlated rationalizability to perturbations of higher-order beliefs. We introduce …

Persistent link: https://www.econbiz.de/10011695239

14.123 Microeconomic Theory III, Spring 2009

Eso, Peter - 2009

, supermodularity, monotone comparative statics, background risk, game theory, rationalizability, iterated strict dominance multi …

Persistent link: https://www.econbiz.de/10009432546

Robust virtual implementation

Dirk Bergemann; Stephen Morris - Department of Economics, Yale University; Department of … - 2009

[This item is a preserved copy. To view the original, visit http://econtheory.org/] In a general interdependent preference environment, we characterize when two payoff types can be distinguished by their rationalizable strategic choices without any prior knowledge of their beliefs and higher...

Persistent link: https://www.econbiz.de/10009455252