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Interim Rationalizability
Eddie Dekel Northwestern University - Department of Economics; Tel Aviv University - Eitan Berglas School of Economics Drew Fudenberg Harvard University - Department of Economics Stephen Morris Princeton University - Department of Economics March 2005 Harvard Institute of Economic Research Discussion Paper No. 2064 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 rationalization outcomes. This solution concept characterizes common knowledge of rationality in the universal type space.
Keywords: rationalizability, incomplete information, common knowledge, university type space JEL Classifications: C70, C72 Working Paper SeriesDate posted: March 02, 2005 ; Last revised: March 02, 2005Suggested CitationContact Information
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