Title
Admissibility and assumption.
Abstract
Brandenburger et al. (2008) defined the epistemic condition rationality and common assumption of rationality (RCAR) in lexicographic type structures. We define RCAR in the space of coherent lexicographic belief hierarchies and show that it is an epistemic condition for iterated admissibility. We also show that some coherent lexicographic belief hierarchies cannot be represented as types in lexicographic type structures. An advantage of this approach is that RCAR is possible in a canonical hierarchy space.
Year
DOI
Venue
2016
10.1016/j.jet.2016.01.006
Journal of Economic Theory
Keywords
DocType
Volume
C72,D80
Journal
163
ISSN
Citations 
PageRank 
0022-0531
1
0.49
References 
Authors
2
1
Name
Order
Citations
PageRank
Byung Soo Lee1216.34