Interactive epistemology in simple dynamic games with a continuum of strategies

B-Tier
Journal: Economic Theory
Year: 2019
Volume: 68
Issue: 3
Pages: 737-763

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

Abstract We extend the epistemic analysis of dynamic games of Battigalli and Siniscalchi (J Econ Theory 88:188–230, 1999, J Econ Theory 106:356–391, 2002, Res Econ 61:165–184, 2007) from finite dynamic games to all simple games, that is, finite and infinite-horizon multistage games with finite action sets at nonterminal stages and compact action sets at terminal stages. We prove a generalization of Lubin’s (Proc Am Math Soc 43:118–122, 1974) extension result to deal with conditional probability systems and strong belief. With this, we can provide a short proof of the following result: in every simple dynamic game, strong rationalizability characterizes the behavioral implications of rationality and common strong belief in rationality.

Technical Details

RePEc Handle
repec:spr:joecth:v:68:y:2019:i:3:d:10.1007_s00199-018-1142-8
Journal Field
Theory
Author Count
2
Added to Database
2026-01-24