Search Results - subject:"rationalizability."

Bergemann, Dirk; Morris, Stephen - In: Theoretical Economics 4 (2009) 1, pp. 45-88

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 order beliefs. We show that two payoff types are strategically distinguishable if and...

Persistent link: https://www.econbiz.de/10011599415

Finding all minimal CURB sets

Klimm, Max; Weibull, Jörgen W. - 2009

Sets closed under rational behavior were introduced by Basu and Weibull (1991) as subsets of the strategy space that contain all best replies to all strategy profiles in the set. We here consider a more restrictive notion of closure under rational behavior: a subset of the strategy space is...

Persistent link: https://www.econbiz.de/10010281178

Epistemic robustness of sets closed under rational behavior

Asheim, Geir; Voorneveld, Mark; Weibull, Jörgen W. - 2009

This paper provides two conditions of epistemic robustness, robustness to alternative best replies and robustness to non-best replies, and uses them to characterize variants of curb sets in finite games, including the set of rationalizable strategies.

Persistent link: https://www.econbiz.de/10010281186

Robust virtual implementation

Bergemann, Dirk; Morris, Stephen - In: Theoretical Economics 4 (2009) 1

Persistent link: https://www.econbiz.de/10005515737

Finding all minimal CURB sets

Klimm, Max; Weibull, Jörgen - Economics Institute for Research (SIR), … - 2009

Persistent link: https://www.econbiz.de/10008556972

Rationalizable Implementation

Bergemann, Dirk; Morris, Stephen - Cowles Foundation for Research in Economics, Yale University - 2009

This note studies (full) implementation of social choice functions under complete information in (correlated) rationalizable strategies. The monotonicity condition shown by Maskin (1999) to be necessary for Nash implementation is also necessary under the more stringent solution concept. We show...

Persistent link: https://www.econbiz.de/10004998323

Individual Preference Rankings Compatible with Prices, Income Distributions and Total Resources

Balasko, Yves; Tvede, Mich - Økonomisk Institut, Københavns Universitet - 2009

, we give new proofs of the rationalizability of finite data sets where total resources are close to being collinear and …

Persistent link: https://www.econbiz.de/10004999758

Epistemic robustness of sets closed under rational behavior

Asheim, Geir; Voorneveld, Mark; Weibull, Jörgen W. - Economics Institute for Research (SIR), … - 2009

rational- izable strategies. Keywords: Epistemic game theory; epistemic robustness; rationalizability; closedness under … belief, our analysis is related to Zambrano (2008). The latter, however, restricts attention to rationalizability and … probability-1 beliefs. His main result follows from our Proposition 2. Also Hu (2007) restricts attention to rationalizability …

Persistent link: https://www.econbiz.de/10005649229

The Geometry of Finite Equilibrium Datasets

Balasko, Yves; Tvede, Mich - Økonomisk Institut, Københavns Universitet - 2009

: equilibrium manifold, rationalizability, pathconnectedness. 1. Introduction The goal of this paper is to improve our understanding … sequence (xti) to remain ordered by the relation < for every i. Remark 2. The rationalizability of the set of T price …

Persistent link: https://www.econbiz.de/10005818486

Epistemically Stable Strategy Sets

Geir B. , Asheim; Voorneveld, Max; W. Weibull, Jörgen - Økonomisk institutt, Universitetet i Oslo - 2009

This paper provides a definition of epistemic stability of sets of strategy profiles,and uses it to characterize variants of curb sets in finite games, including the set of rationalizable strategies and minimal curb sets.

Persistent link: https://www.econbiz.de/10008511665