The rationalizability concept was introduced in Bernheim [Ber84] and Pearce [Pea84] to assess what can be inferred by rational players in a non-cooperative game in the presence of common knowledge. However, this notion can be defined in a number of ways that differ in seemingly unimportant minor...

The rationalizability concept was introduced in Bernheim [Ber84] and Pearce [Pea84] to assess what can be inferred by rational players in a non-cooperative game in the presence of common knowledge. However, this notion can be defined in a number of ways that differ in seemingly unimportant minor...