Keisler, H. Jerome; Lee, Byung Soo - Volkswirtschaftliche Fakultät, … - 2011
In this paper, we provide an epistemic characterization of iterated admissibility (IA), i.e., iterated elimination of weakly dominated strategies. We show that rationality and common assumption of rationality (RCAR) in complete lexicographic type structures implies IA, and that there exist such...