Dynamic unawareness and rationalizable behavior

Aviad Heifetz; Martin Meier; Burkhard C. Schipper

doi:10.1016/j.geb.2013.04.003

Dynamic unawareness and rationalizable behavior

Aviad Heifetz, Martin Meier, Burkhard C. Schipper

Economics discipline

Research output: Contribution to journal › Article › peer-review

Abstract

We define generalized extensive-form games which allow for asymmetric awareness of actions. We extend Pearce's (1984) notion of extensive-form (correlated) rationalizability to this setting, explore its properties, and prove existence.

Original language	English
Pages (from-to)	50-68
Number of pages	19
Journal	Games and Economic Behavior
Volume	81
Issue number	1
DOIs	https://doi.org/10.1016/j.geb.2013.04.003
State	Published - Sep 2013

Bibliographical note

Funding Information:
We are grateful to Pierpaolo Battigalli for numerous insightful comments and suggestions and to Elchanan Ben Porath for helpful discussions and exchange of ideas. We thank Paulo Barelli, Andy McLennan, Yoram Halevy as well as to seminar participants at Barcelona, Bocconi, Brescia, Caltech, Maryland, Maastricht, Pittsburgh, USC, UC Davis, Tel Aviv, Vienna, Stony Brook 2007, LOFT 2008, Games 2008, NSF/NBER/CEME 2009, and UECE Lisbon 2010. Aviad is grateful for financial support from the Open University of Israelʼs Research Fund grant no. 46106 . Martin was supported by the Spanish Ministerio de Educación y Ciencia via a Ramon y Cajal Fellowship (IAE-CSIC) and a Research Grant ( SEJ 2006-02079 ). Burkhard is grateful for financial support from the NSF SES-0647811 . Previous versions of the paper contained material that is now circulated in Heifetz et al. (2011) and Meier and Schipper (2012) .

Keywords

Extensive-form games
Extensive-form rationalizability
Unawareness

Access to Document

10.1016/j.geb.2013.04.003

Cite this

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title = "Dynamic unawareness and rationalizable behavior",

abstract = "We define generalized extensive-form games which allow for asymmetric awareness of actions. We extend Pearce's (1984) notion of extensive-form (correlated) rationalizability to this setting, explore its properties, and prove existence.",

keywords = "Extensive-form games, Extensive-form rationalizability, Unawareness",

author = "Aviad Heifetz and Martin Meier and Schipper, {Burkhard C.}",

note = "Funding Information: We are grateful to Pierpaolo Battigalli for numerous insightful comments and suggestions and to Elchanan Ben Porath for helpful discussions and exchange of ideas. We thank Paulo Barelli, Andy McLennan, Yoram Halevy as well as to seminar participants at Barcelona, Bocconi, Brescia, Caltech, Maryland, Maastricht, Pittsburgh, USC, UC Davis, Tel Aviv, Vienna, Stony Brook 2007, LOFT 2008, Games 2008, NSF/NBER/CEME 2009, and UECE Lisbon 2010. Aviad is grateful for financial support from the Open University of Israelʼs Research Fund grant no. 46106 . Martin was supported by the Spanish Ministerio de Educaci{\'o}n y Ciencia via a Ramon y Cajal Fellowship (IAE-CSIC) and a Research Grant ( SEJ 2006-02079 ). Burkhard is grateful for financial support from the NSF SES-0647811 . Previous versions of the paper contained material that is now circulated in Heifetz et al. (2011) and Meier and Schipper (2012) . ",

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Dynamic unawareness and rationalizable behavior

Abstract

Bibliographical note

Keywords

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