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Interim RationalizabilityDrew FudenbergHarvard University - Department of Economics Eddie DekelNorthwestern University - Department of Economics; Tel Aviv University - Eitan Berglas School of Economics Stephen MorrisPrinceton 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.
Number of Pages in PDF File: 15 Keywords: rationalizability, incomplete information, common knowledge, university type space JEL Classification: C70, C72 working papers seriesDate posted: March 2, 2005Suggested CitationContact Information
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