Bayesian coalitional rationalizability

A-Tier
Journal: Journal of Economic Theory
Year: 2009
Volume: 144
Issue: 1
Pages: 248-263

Authors (2)

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In this paper we extend Ambrus's [A. Ambrus, Coalitional rationalizability, Quart. J. Econ. 121 (2006) 903-929] concept of "coalitional rationalizability (c-rationalizability)" to situations where, in seeking mutually beneficial interests, players in groups (i) make use of Bayes' rule in expectation calculations and (ii) contemplate various deviations, i.e., the validity of deviation is checked against any arbitrary sets of strategies, and not just only against restricted subsets of strategies. We offer an alternative notion of Bayesian c-rationalizability suitable for such complex social interactions. We show that Bayesian c-rationalizability possesses nice properties similar to those of conventional rationalizability.

Technical Details

RePEc Handle
repec:eee:jetheo:v:144:y:2009:i:1:p:248-263
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25