Conditional dominance, rationalizability, and game forms

Citation
M. Shimoji et J. Watson, Conditional dominance, rationalizability, and game forms, J ECON THEO, 83(2), 1998, pp. 161-195
Citations number
28
Categorie Soggetti
Economics
Journal title
JOURNAL OF ECONOMIC THEORY
ISSN journal
00220531 → ACNP
Volume
83
Issue
2
Year of publication
1998
Pages
161 - 195
Database
ISI
SICI code
0022-0531(199812)83:2<161:CDRAGF>2.0.ZU;2-F
Abstract
We propose a notion of conditional dominance for games whose representation s designate information sets. We prove that iterated conditional dominance is equivalent to extensive form rationalizability. We also conduct a genera l analysis of these concepts, yielding new insights on rationalizability an d on the equivalence of solutions when applied to different representations of a game. Journal of Economic Literature Classification Numbers: C63, C72 , C73. (C) 1998 Academic Press.