Arbeitspapier

An Epistemic Characterisation of Extensive Form Rationalisability

We use an extensive form, universal type space to provide the following epistemic characterisation of extensive form rationalisability. Say that player i strongly believes event E if i is certain of E conditional on each of her information sets consistent with E. Our main contribution is to show that a strategy profile s is extensive form rationalisable if and only if there is a state in which s is played and (0) everybody is rational, (1) everybody strongly believes (0), (2) everybody strongly believes (0) & (1), (3) everybody strongly believes (0) & (1) & (2), .... This result also allows us to provide sufficient epistemic conditions for the backward induction outcome and to relate extensive form rationalisability and conditional common certainty of rationality.

Sprache
Englisch

Erschienen in
Series: Nota di Lavoro ; No. 25.1999

Klassifikation
Wirtschaft
Thema
Rationalisability
Extensive Form Games
Spieltheorie
Wissenschaft
Theorie
Extensives Spiel

Ereignis
Geistige Schöpfung
(wer)
Battigalli, Pierpaolo
Siniscalchi, Marciano
Ereignis
Veröffentlichung
(wer)
Fondazione Eni Enrico Mattei (FEEM)
(wo)
Milano
(wann)
1999

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Battigalli, Pierpaolo
  • Siniscalchi, Marciano
  • Fondazione Eni Enrico Mattei (FEEM)

Entstanden

  • 1999

Ähnliche Objekte (12)