A necessary and sufficient epistemic condition for playing backward induction

被引:15
作者
Balkenborg, D
Winter, E
机构
[1] UNIV SOUTHAMPTON,SOUTHAMPTON SO17 1BJ,HANTS,ENGLAND
[2] HEBREW UNIV JERUSALEM,JERUSALEM,ISRAEL
[3] WASHINGTON UNIV,ST LOUIS,MO 63130
关键词
extensive games; backward induction; subgame perfection; common knowledge;
D O I
10.1016/S0304-4068(96)00776-8
中图分类号
F [经济];
学科分类号
02 ;
摘要
In an epistemic framework due to Aumann we characterize the condition on the rationality of the players that is both necessary and sufficient to imply backward induction in perfect information games in agent form, This condition requires each player to know that the players are rational at later, but not at previous, decision nodes.
引用
收藏
页码:325 / 345
页数:21
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