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
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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)
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Fondazione Eni Enrico Mattei (FEEM)
- (wo)
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Milano
- (wann)
-
1999
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Battigalli, Pierpaolo
- Siniscalchi, Marciano
- Fondazione Eni Enrico Mattei (FEEM)
Entstanden
- 1999