Brandenburger, Adam; Danieli, Alexander; Friedenberg, Amanda - In: Theoretical economics : TE ; an open access journal in … 16 (2021) 4, pp. 1605-1654
The epistemic conditions of rationality and mth‐order strong belief of rationality (RmSBR; Battigalli and Siniscalchi, 2002) formalize the idea that players engage in contextualized forward‐induction reasoning. This paper characterizes the behavior consistent with RmSBR across all type...