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- W2154805931 abstract "This paper generalizes the concept of best response to coalitions of players and offers epistemic definitions of coalitional rationalizability in normal form games. The (best) response of a coalition is defined to be an operator from sets of conjectures to sets of strategies. A strategy is epistemic coalitionally rationalizable if it is consistent with rationality and common certainty that every coalition is rational. A characterization of this solution set is provided for operators satisfying four basic properties. Special attention is devoted to an operator that leads to a solution concept that is generically equivalent to the iteratively defined concept of coalitional rationalizability." @default.
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- W2154805931 date "2009-03-01" @default.
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- W2154805931 title "Theories of coalitional rationality" @default.
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- W2154805931 doi "https://doi.org/10.1016/j.jet.2007.03.010" @default.
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