Search Results - subject:"rationalizability."

Chen, Yi-Chun; Tillio, Alfredo Di; Faingold, Eduardo; … - Cowles Foundation for Research in Economics, Yale University - 2009

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

Persistent link: https://www.econbiz.de/10008577753

Finding all minimal curb sets

Klimm, Max; Weibull, Jörgen - HAL - 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/10008794399

Epistemically stable strategy sets

Asheim, Geir B.; Voorneveld, Mark; Weibull, Jörgen - HAL - 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/10008794719

Robust virtual implementation

Bergemann, Dirk; Morris, Stephen - In: Theoretical economics : TE ; an open access journal in … 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/10011699160

Dynamic Unawareness and Rationalizable Behavior

Meier, Martin; Schipper, Burkhard C.; Heifetz, Aviad - Economics Department, University of California-Davis - 2009

) notion of extensive-form (correlated) rationalizability to this setting, explore its properties and prove existence. We … define also a new variant of this solution concept, prudent rationalizability, which refines the set of outcomes induced by … characterize in it extensive-form rationalizability by iterative conditional dominance. …

Persistent link: https://www.econbiz.de/10008620509

Correlation and common priors in games with incomplete information

Liu, Qingmin - In: Journal of Economic Theory 157 (2015) C, pp. 49-75

and correlated rationalizability. …

Persistent link: https://www.econbiz.de/10011263604

Strategic teaching and learning in games

Schipper, Burkhard - Economics Department, University of California-Davis - 2015

It is known that there are uncoupled learning heuristics leading to Nash equilibrium in all finite games. Why should players use such learning heuristics and where could they come from? We show that there is no uncoupled learning heuristic leading to Nash equilibrium in all finite games that a...

Persistent link: https://www.econbiz.de/10011266667

Uncertain Rationality and Robustness in Games with Incomplete Information

Germano, Fabrizio; Zuazo-Garin, Peio - Barcelona Graduate School of Economics (Barcelona GSE) - 2015

allow for higher-order uncertainty about rationality. We introduce interim correlated p-rationalizability (ICRp) as a … the same time, we show that Weinstein and Yildiz's (2007) deeper results on the structure of rationalizability, most …

Persistent link: https://www.econbiz.de/10011196334

Chapter 12. Epistemic Game Theory

Dekel, Eddie; Siniscalchi, Marciano - In: Handbook of game theory with economic applications : …, (pp. 619-702). 2015

Epistemic game theory formalizes assumptions about rationality and mutual beliefs in a formal language, then studies their behavioral implications in games. Specifically, it asks: what do different notions of rationality and different assumptions about what players believe about…what others...

Persistent link: https://www.econbiz.de/10014025447

Correlation and common priors in games withincomplete information

Liu, Qingmin - In: Journal of economic theory 157 (2015), pp. 49-75

Persistent link: https://www.econbiz.de/10011525189