Characterizing solution concepts in terms of common knowledge of rationality |
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Authors: | Joseph Y Halpern Yoram Moses |
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Institution: | 1.Computer Science Department,Cornell University,Ithaca,USA;2.Department of Electrical Engineering,Technion-Israel Institute of Technology,Haifa,Israel |
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Abstract: | Characterizations of Nash equilibrium, correlated equilibrium, and rationalizability in terms of common knowledge of rationality are well known. Analogous characterizations of sequential equilibrium, (trembling hand) perfect equilibrium, and quasi-perfect equilibrium in n-player games are obtained here, using earlier results of Halpern characterizing these solution concepts using non-Archimedean fields. |
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