Publication: Interim Correlated Rationalizability
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Date
2007
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Society for Economic Theory
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Citation
Dekel, Eddie, Drew Fudenberg, and Stephen Morris. 2007. Interim correlated rationalizability. Theoretical Economics 2, no. 1: 15-40.
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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.
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Keywords
rationalizability, incomplete information, common certainty, common knowledge, universal type space
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