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- W29798798 abstract "Proper rationalizability (Schuhmacher (1999), Asheim (2001)) is a concept in epistemic game theory that is based on two assumptions: (1) every player is cautious, i.e., does not exclude any opponent’s choice from consideration, and (2) every player respects the opponent’s preferences, i.e., deems one opponent’s choice to be in…nitely more likely than another whenever he believes the opponent to prefer the one to the other. In this paper we provide a new foundation for proper rationalizability, by assuming that players have incomplete information about the opponent’s utilities. We show that, if the uncertainty of each player about the opponent’s utilities vanishes gradually in some regular manner, then the choices he can rationally make under common belief in rationality are all properly rationalizable in the original game with no uncertainty about the opponent’s utilities." @default.
- W29798798 created "2016-06-24" @default.
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- W29798798 date "2010-01-01" @default.
- W29798798 modified "2023-09-25" @default.
- W29798798 title "A Foundation for Proper Rationalizability from an Incomplete Information Perspective" @default.
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