LEXICOGRAPHIC RATIONALIZABILITY AND ITERATED ADMISSIBILITY

Authors
STAHL DO
Citation
Do. Stahl, LEXICOGRAPHIC RATIONALIZABILITY AND ITERATED ADMISSIBILITY, Economics letters, 47(2), 1995, pp. 155-159
Citations number
12
Categorie Soggetti
Economics
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
47
Issue
2
Year of publication
1995
Pages
155 - 159
Database
ISI
SICI code
0165-1765(1995)47:2<155:LRAIA>2.0.ZU;2-O
Abstract
Using lexicographic probability systems, we define the concept of 'lex icographic rationalizability' and show it to coincide with iterated ad missibility (i.e. the iterated elimination of weakly-dominated strateg ies).