Interim correlated rationalizability

Eddie Dekel, Drew Fudenberg, Stephen Morris

Research output: Contribution to journalArticlepeer-review

79 Scopus citations

Abstract

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

Original languageEnglish (US)
Pages (from-to)15-40
Number of pages26
JournalTheoretical Economics
Volume2
Issue number1
StatePublished - Mar 2007

All Science Journal Classification (ASJC) codes

  • Economics, Econometrics and Finance(all)

Keywords

  • Common certainty
  • Common knowledge
  • Incomplete information
  • Rationalizability
  • Universal type space

Fingerprint

Dive into the research topics of 'Interim correlated rationalizability'. Together they form a unique fingerprint.

Cite this