Skip to Main content Skip to Navigation
Journal articles

Robust Rationalizability Under Almost Common Certainty of Payoff

Abstract : An action is robustly rationalizable if it is rationalizable for every type who has almost common certainty of payoffs. We illustrate by means of an example that an action may not be robustly rationalizable even if it is weakly dominant, and argue that robust rationalizability is a very stringent refinement of rationalizability. Nonetheless, we show that every strictly rationalizable action is robustly rationalizable. We also investigate how permissive robust rationalizability becomes if we require that players be fully certain of their own payoffs.
Document type :
Journal articles
Complete list of metadatas
Contributor : Caroline Bauer <>
Submitted on : Sunday, April 14, 2013 - 10:06:01 PM
Last modification on : Tuesday, September 22, 2020 - 3:54:17 AM

Links full text



Stephen Morris, Satoru Takahashi, Olivier Tercieux. Robust Rationalizability Under Almost Common Certainty of Payoff. Japanese Economic Review, Wiley, 2012, 63 (1), pp.57-67. ⟨10.1111/j.1468-5876.2011.00553.x⟩. ⟨hal-00813054⟩



Record views