Theories of coalitional rationality

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Theories of coalitional rationality

This paper generalizes the concept of best response to coalitions of players and offers epistemic definitions of coalitional rationalizability in normal form games. The (best) response of a coalition is defined to be an operator from sets of conjectures to sets of strategies. A strategy is epistemic coalitionally rationalizable if it is consistent with rationality and common certainty that ever...

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ژورنال

عنوان ژورنال: Journal of Economic Theory

سال: 2009

ISSN: 0022-0531

DOI: 10.1016/j.jet.2007.03.010