Rational expectations in games

GameNets'09 Proceedings of the First ICST international conference on Game Theory for Networks, pp. xi-xii, 2009.

Cited by: 2|Bibtex|Views2|DOI:https://doi.org/10.1257/aer.98.1.72
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Abstract:

A player i's actions in a game are determined by her beliefs about other players; these depend on the game's real-life context, not only its formal description. Define a game situation as a game together with such beliefs; call the beliefs—and i's resulting expectation—rational if there is common knowledge of rationality and a common prio...More

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