Theoretical Economics
Journal of the Econometric Society
Edited by: Federico Echenique • ISSN (e): 1555-7561 • ISSN (print): 1933-6837
Theoretical Economics: Mar, 2007, Volume 2, Issue 1
Interim correlated rationalizability
p. 15-40
Eddie Dekel, Drew Fudenberg, Stephen Morris
This paper proposes the solution concept of interim correlated
rationalizability, and shows that all types that have the same hierarchies of beliefs have the same set of interim-correlated-rationalizable outcomes. This solution concept characterizes common certainty of rationality in the universal type space.
