Showing 111 - 120 of 964,202
Persistent link: https://www.econbiz.de/10012434474
Persistent link: https://www.econbiz.de/10011977822
Persistent link: https://www.econbiz.de/10014439408
Persistent link: https://www.econbiz.de/10003854273
Persistent link: https://www.econbiz.de/10009712451
Persistent link: https://www.econbiz.de/10009761198
Persistent link: https://www.econbiz.de/10009793523
In an important paper, Weinstein and Yildiz (2007) show that if players have an infinite depth of reasoning and this is commonly believed, types generically have a unique rationalizable action in games that satisfy a richness condition. We show that this result does not extend to environments...
Persistent link: https://www.econbiz.de/10010221860
This note characterizes the set A¡∞ of actions of player ¡ that are uniquely rationalizable for some hierarchy of beliefs on an arbitrary space of uncertainty. It is proved that for any rationalizable action a¡ for the type t¡, if a¡ belongs to A¡∞ and is justified by conjectures...
Persistent link: https://www.econbiz.de/10013158963
Persistent link: https://www.econbiz.de/10012225433