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There exist three equivalent definitions of perfect Nash equilibria which differ in the way "best responses against small perturbations" are defined. It is shown that applying the spirit of these definitions to rationalizability leads to three different refinements of rationalizable strategies...
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rationalizability. The concept aims to identify the consequences of common knowledge of rationality and farsightedness within the … environments and it can be computed by an iterative reduction procedure. We introduce a definition of coalitional rationality for …
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This paper deals with N-person sequential bargaining games with complete information. For N-person sequential bargaining games, uniqueness of the SPE has been obtained by allowing the players to exit with partial agreements. Adopting a non-equilibrium approach, we show that N-person sequential...
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