Strong belief and forward induction reasoning

被引:161
作者
Battigalli, P [1 ]
Siniscalchi, M
机构
[1] Univ Bocconi, Ist Econ Polit, I-20136 Milan, Italy
[2] Princeton Univ, Dept Econ, Princeton, NJ 08544 USA
基金
美国国家科学基金会;
关键词
conditional belief; strong belief; forward induction; rationalizability; intuitive criterion;
D O I
10.1006/jeth.2001.2942
中图分类号
F [经济];
学科分类号
02 ;
摘要
We provide a unified epistemic analysis of some forward-induction solution concepts in games with complete and incomplete information. We suggest that forward induction reasoning may be usefully interpreted as a set of assumptions governing the players' belief revision processes, and define a notion of strong belief to formalize these assumptions. Building on the notion of strong belief, we provide an epistemic characterization of extensive-form rationalizability and the intuitive criterion, as well as sufficient epistemic conditions for the backward induction outcome in generic games with perfect information. Journal of Economic Literature Classification Numbers: C72, D82. (C) 2002 Elsevier Science (USA).
引用
收藏
页码:356 / 391
页数:36
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