Interim Rationalizability

descriptionPublicationkeyboard_double_arrow_right Article , Preprint 01 Jan 2005 English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068,

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Authors: Eddie Dekel; Drew Fudenberg; Stephen Morris;

doi: 10.2139/ssrn.676672

Interim Rationalizability

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Abstract

This paper proposes the solution concept of interim rationalizability, and shows that all type spaces that have the same hierarchies of beliefs have the same set of interim rationalizable outcomes. This solution concept characterizes common knowledge of rationality in the universal type space.

Related Organizations

Massachusetts Institute of Technology
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Tel Aviv University
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