Common belief in future and restricted past rationality

被引:0
|
作者
Rubén Becerril-Borja
Andrés Perea
机构
[1] Universidad Autónoma Metropolitana-Iztapalapa,Departamento de Matemáticas
[2] Maastricht University,EpiCenter, School of Business and Economics
[3] Maastricht University,EpiCenter and Department of Quantitative Economics, School of Business and Economics
来源
关键词
Epistemic game theory; Dynamic games; Proper rationalizability; Belief in future rationality; Belief in restricted past rationality; C72; C73;
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摘要
We introduce the idea that a player believes at every stage of a dynamic game that his opponents will choose rationally in the future and have chosen rationally in a restricted way in the past. This is summarized by the concept of common belief in future and restricted past rationality, which is defined epistemically. Moreover, it is shown that every properly rationalizable strategy of the normal form of a dynamic game can be chosen in the dynamic game under common belief in future and restricted past rationality. We also present an algorithm that uses strict dominance, and show that it selects exactly those strategies that can be chosen under common belief in future and restricted past rationality.
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页码:711 / 747
页数:36
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