Incomplete preferences or incomplete information? On Rationalizability in games with private values

被引:0
|
作者
De Magistris, Enrico [1 ]
机构
[1] Cornerstone Res, Boston, MA 02116 USA
关键词
Game theory; Rationalizability; Incomplete preferences; Incomplete information; EXPECTED UTILITY; COMPLETENESS; BELIEFS;
D O I
10.1016/j.geb.2024.01.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
I propose a notion of Rationalizability, called Incomplete Preference Rationalizability, for games with incomplete preferences. Under an appropriate topological condition, the incomplete preference rationalizable set is non -empty and compact. I argue that incomplete orderings can be used to model incomplete information in strategic settings. Drawing on this connection, I show that in games with private values the sets of incomplete preference rationalizable actions, of belief -free rationalizable actions (Battigalli et al., 2011; Bergemann and Morris, 2017), and of interim correlated rationalizable actions (Dekel et al., 2007) of the universal type space coincide.
引用
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页码:126 / 140
页数:15
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