On rationalizability in extensive games

成果类型:
Article
署名作者:
Battigalli, P
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1006/jeth.1996.2252
发表日期:
1997
页码:
40-61
关键词:
摘要:
This paper analyzes Pearce's notion of extensive form rationalizability (EFR). Although EFR was originally defined as a reduction procedure, this paper shows that it can be characterized in terms of restrictions on players' updating systems. These restrictions correspond to a common hierarchy of nested hypotheses. Next the relationship of EFR to more familiar reduction procedures is examined. In generic games of perfect information, EFR is realization-equivalent to iterated weak dominance and backward induction. Equivalence with iterated weak dominance is complete in the subset of games with ''iterated perfect information.'' Journal of Economic Literature Classification Number: C72. (C) 1997 Academic Press.
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