common certainty of rationality …

I study the evolution of rationality, using an indirect evolutionary approach, in which nature selects a decision …-making procedure, and the procedure chooses actions in matching-games. The main result is that in order for (knowledge of) rationality …

When evaluating the rationality of a player in an epistemic model of a noncooperative game one has to examine … deviation actually occurs. I show that, in this extended model, common knowledge of rationality need not lead to … rationalizability. I also present assumptions that allow rationalizability to be a consequence of common knowledge of rationality in …

given problem is framed. Thus, real world agents are only, it is said, capable of a bounded rationality, using rules of … thumb and various heuristics (sometimes helpful, sometimes not) rather than the fully fledged maximizing rationality that is … normative account of rationality that animates rational choice theory, and not just the positive account that is criticized by …

This chapter is a very compressed review of the neoclassical orthodoxy on the nature of rationality on economic theory … function of a definition of rationality. …

the consequences of common knowledge of rationality and farsightedness. In a social environment several coalitions may and … show that social rationalizability with mediation does not necessarily satisfy coalitional rationality when the number of …

Theoretically, this work relaxes the rationality behind IESDS in the normal-form game and Backward Induction in the … extensive-form game, namely common p-believe in rationality in the normal-form game and common p-belief in the opponent’s future … rationality in the extensive-form game. Exper- imentally, this work uses the experimental data from Masaki, Guillaume, and Sevgi …