Ben-Porath, Elchanan; Heifetz, Aviad - Center for Mathematical Studies in Economics and … - 2010
knowledge of rationality and market clearing? To address this question we define an epistemic model for the economy that … that are consistent with common knowledge of rationality and market clearing (henceforth, CKRMC outcomes) in terms of a … with common knowledge of rationality and market clearing even when there is common knowledge that there are no mutual gains …