Weak* dominance
成果类型:
Article
署名作者:
Luo, Xiao; Qiao, Yongchuan
署名单位:
National University of Singapore; Dongbei University of Finance & Economics
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2026.07.004
发表日期:
2026
关键词:
LEXICOGRAPHIC PROBABILITIES
correlated equilibrium
Admissibility
BEHAVIOR
CHOICE
nash
摘要:
We propose a new dominance notion in strategic games-weak* dominance-that reflects the idea of cautious* rationality, whereby a rational player believes that each opponent's individual actions are played with positive probabilities. In this paper, we show that an action is weakly* dominated if, and only if, it is not a best response to any marginally full-support conjecture. We characterize Gul's (1996) notion of perfect z-rationalizability through an iterative procedure (S infinity W*): removing all weakly* dominated actions in the first round, and then removing only strictly dominated actions in the subsequent rounds. Moreover, we provide epistemic foundations for the iterative procedure in a lexicographic type structure model.