Interim correlated rationalizability

Eddie Dekel, Drew Fudenberg, Stephen E. Morris

Research output: Contribution to journalArticle

69 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 1 2007

All Science Journal Classification (ASJC) codes

  • Economics, Econometrics and Finance(all)

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    Dekel, E., Fudenberg, D., & Morris, S. E. (2007). Interim correlated rationalizability. Theoretical Economics, 2(1), 15-40.