Jump to ContentJump to Main Navigation

Online

49,00 € / $74.00*

* Prices subject to change. Shipping costs will be added if applicable.
Publication Date:
September 2010
ISSN:
1935-1704
DOI:
10.2202/1935-1704.1676

See all formats and pricing

Online
Individual Subscription Online only
Euro [D] 49.00
RRP for USA, Canada, Mexico
US$ 74.00 *
Print
Individual Subscription Online only
Euro [D] 234.00
RRP for USA, Canada, Mexico
US$ 315.00 *
Print + Online
Individual Subscription Online only
Euro [D] 281.00
RRP for USA, Canada, Mexico
US$ 378.00 *
*Prices subject to change. Shipping costs will be added if applicable.

Ed. by Cervellati, Matteo / Fong, Yuk-fai / Peeters, Ronald / Puzzello , Daniela / Rivas, Javier / Schipper, Burkhard

1 Issue per year

Increased IMPACT FACTOR 2011: 0.490

A Note on Rationalizability and Restrictions on Beliefs

Giuseppe Cappelletti1

1Banca d’Italia, giuseppe.cappelletti@bancaditalia.it

Citation Information: The B.E. Journal of Theoretical Economics. Volume 10, Issue 1, Pages –, ISSN (Online) 1935-1704, DOI: 10.2202/1935-1704.1676, September 2010

Publication History:
Published Online:
2010-09-19

Rationalizability is a widely accepted solution concept in the study of strategic-form games with complete information and is fully characterized in terms of assumptions on the rationality of the players and common certainty of rationality.Battigalli and Siniscalchi extend rationalizability taking as given some exogenous restrictions on players' beliefs and derive the solution concept called ?-rationalizability. This new solution concept has been applied to games with incomplete information as well as dynamic games.On this note, I focus on games with incomplete information and characterize ?-rationalizability with a new notion of iterative dominance that is able to capture the additional hypothesis on players' beliefs.

Keywords: rationalizability; strategic-form game; incomplete information

Comments (0)

Please log in or register to comment.