Search Results - subject:"rationalizability."

Rationalizability of one-to-one matchings with externalities

Saglam, Ismail; Mumcu, Ayþe - In: Economics Bulletin 4 (2008) 33, pp. 1-8

In this paper, we show that the one-to-one matching model of Mumcu and Saglam (2008) studying stability under interdependent preferences is refutable. We also give a sufficient characterization of the set of matchings that are rationalizable inside the core.

Persistent link: https://www.econbiz.de/10010835885

Rationalizing Choice with Multi-Self Models

Ambrus, Attila; Rozen, Kareen - Cowles Foundation for Research in Economics, Yale University - 2008

This paper studies a class of multi-self decision-making models proposed in economics, psychology, and marketing. In this class, choices arise from the set-dependent aggregation of a collection of utility functions, where the aggregation procedure satisfies some simple properties. We propose a...

Persistent link: https://www.econbiz.de/10004998324

Comment: The Identification Power of Equilibrium in Simple Games

Aguirregabiria, Victor - Volkswirtschaftliche Fakultät, … - 2008

Markov Perfect Equilibrium (MPE) with weaker conditions such as rational behavior and rationalizability. The identification …

Persistent link: https://www.econbiz.de/10005034988

A Note on Intrinsic Correlation

Du, Songzi - Volkswirtschaftliche Fakultät, … - 2008

In this note we characterize the strategic implication of intrinsic correlation, introduced by Brandenburger and Friedenberg (2008), in the subjective correlated equilibrium setting of a complete information game. Intrinsic correlation restricts correlation devices to variables within the game,...

Persistent link: https://www.econbiz.de/10005668411

Rationalizability of one-to-one matchings with externalities

Saglam, Ismail; Mumcu, Ayşe - In: Economics Bulletin 4 (2008) 33, pp. 1-8

Persistent link: https://www.econbiz.de/10005767608

Stochastic Revealed Preference and Rationalizability

Heufer, Jan - Rheinisch-Westfälisches Institut für … - 2008

This paper explorers rationalizability issues for finite sets of observations of stochastic choice in the framework … weak axiom of stochastic revealed preference the existence of a solution implies rationalizability in terms of stochastic …

Persistent link: https://www.econbiz.de/10005561985

A characterization of sequential rationalizability

Apesteguia, Jose; Ballester, Miguel A. - Department of Economics and Business, Universitat … - 2008

the notion of sequential rationalizability. F-consistency is a testable property that highlights the behavioral aspects … how other behavioral concepts are related to sequential rationalizability, and establish a priori unexpected implications …. In particular, we show that the concept of rationalizability by game trees, which, in principle, had little to do with …

Persistent link: https://www.econbiz.de/10005707995

Progressive knowledge revealed preferences and sequential rationalizability

Houy, Nicolas - HAL - 2008

rationalizability. This link is quite natural since choices derived from monotonous set-dependent preferences (introduced in [Houy, 2008 …

Persistent link: https://www.econbiz.de/10008793535

Every choice correspondence is backwards-induction rationalizable

Rehbeck, John - In: Games and Economic Behavior 88 (2014) C, pp. 207-210

We extend the result from Bossert and Sprumont (2013) that every single-valued choice function is backwards-induction rationalizable via strict preferences to the case of choice correspondences via weak preferences.

Persistent link: https://www.econbiz.de/10011117137

Network Formation and Systemic Risk, Second Version

Erol, Selman; Vohra, Rakesh - Department of Economics, University of Pennsylvania - 2014

This paper introduces a model of endogenous network formation and systemic risk. In it, strategic agents form networks that efficiently trade-off the possibility of systemic risk with the benefits of trade. Efficiency is a consequence of the high risk of contagion which forces agents to...

Persistent link: https://www.econbiz.de/10011124381