Theories of coalitional rationality
成果类型:
Article
署名作者:
Ambrus, Attila
署名单位:
Harvard University
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1016/j.jet.2007.03.010
发表日期:
2009
页码:
676-695
关键词:
Normal form games
Coalitional agreements
COORDINATION
Epistemic foundations of solution concepts
摘要:
This paper generalizes the concept of best response to coalitions of players and offers epistemic definitions of coalitional rationalizability in normal form games. The (best) response of a coalition is defined to be an operator from sets of conjectures to sets of strategies. A strategy is epistemic coalitionally rationalizable if it is consistent with rationality and common certainty that every coalition is rational. A characterization of this solution set is provided for operators satisfying four basic properties. Special attention is devoted to an operator that leads to a solution concept that is generically equivalent to the iteratively defined concept of coalitional rationalizability. (C) 2008 Elsevier Inc. All rights reserved.
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