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Forward induction reasoning revisited

1st Person: Battigalli, Pierpaolo
Additional Persons: Friedenberg, Amanda
Type of Publication: Article
Language: English
Published: Wiley 2012
Online: http://hdl.handle.net/10419/150165
id
oai_econstor.eu_10419-150165
recordtype
econstor
institution
MPG
collection
ECONSTOR
title
Forward induction reasoning revisited
spellingShingle
Forward induction reasoning revisited
Battigalli, Pierpaolo
title_short
Forward induction reasoning revisited
title_full
Forward induction reasoning revisited
title_fullStr
Forward induction reasoning revisited
title_full_unstemmed
Forward induction reasoning revisited
title_sort
Forward induction reasoning revisited
format
electronic Article
format_phy_str_mv
Article
publisher
Wiley
publishDate
2012
language
English
author
Battigalli, Pierpaolo
author2
Friedenberg, Amanda
author2Str
Friedenberg, Amanda
description
Battigalli and Siniscalchi (2002) formalize the idea of forward induction reasoning as "rationality and common strong belief of rationality" (RCSBR). Here, we study the behavioral implications of RCSBR across all type structures. Formally, we show that RCSBR is characterized by a solution concept we call Extensive Form Best Response Sets (EFBRS's). It turns out that the EFBRS concept is equivalent to a concept already proposed in the literature, namely Directed Rationalizability. (See Battigalli and Siniscalchi 2003.) We conclude by applying the EFBRS concept to games of interest.
url
http://hdl.handle.net/10419/150165
journal
Theoretical Economics
journalStr
Theoretical Economics
Theoretical Economics
issn
1555-7561
up_date
2019-02-15T03:50:14.676Z
_version_
1625505286735265795

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