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Epistemic Foundations Of Solution Concepts In Game Theory: An Introduction

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Giacomo Bonanno
Klaus Nehring

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Abstract

We give an introduction to the literature on the epistemic foundations of solution concepts in game theory. Only normal-form games are considered. The solution concepts analyzed are rationalizability, strong rationalizability, correlated equilibrium and Nash equilibrium. The analysis is carried out locally in terms of properties of the belief hierarchies. Several examples are used throughout to illustrate definitions and concepts.

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Paper provided by California Davis - Department of Economics in its series Department of Economics with number 97-21.

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Handle: RePEc:fth:caldec:97-21

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Postal: University of California Davis - Department of Economics. One Shields Ave., California 95616-8578
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This page was last updated on 2009-10-17.

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