The Role of Monotonicity in the Epistemic Analysis of Strategic Games

It is well-known that in finite strategic games true common belief (or common knowledge) of rationality implies that the players will choose only strategies that survive the iterated elimination of strictly dominated strategies. We establish a general theorem that deals with monotonic rationality no...

Full description

Bibliographic Details
Main Authors: Jonathan A. Zvesper, Krzysztof R. Apt
Format: Article
Language:English
Published: MDPI AG 2010-10-01
Series:Games
Subjects:
Online Access:http://www.mdpi.com/2073-4336/1/4/381/