Hierarchies of belief and interim rationalizability

In games with incomplete information, conventional hierarchies of belief are incomplete as descriptions of the players' information for the purposes of determining a player's behavior. We show by example that this is true for a variety of solution concepts. We then investigate what is esse...

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Bibliographic Details
Main Authors: Jeffrey C. Ely, Marcin Peski
Format: Article
Language:English
Published: Econometric Society 2006-03-01
Series:Theoretical Economics
Subjects:
C72
D82
Online Access:http://econtheory.org/ojs/index.php/te/article/viewFile/20060019/445