Harvard University - Department of Economics
Northwestern University - Department of Economics; Tel Aviv University - Eitan Berglas School of Economics
Princeton University - Department of Economics
Harvard Institute of Economic Research Discussion Paper No. 2064
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.
Number of Pages in PDF File: 15
Keywords: rationalizability, incomplete information, common knowledge, university type space
JEL Classification: C70, C72working papers series
Date posted: March 2, 2005
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