Rationalizable partition-confirmed equilibrium (RPCE) describes the steady-state outcomes of rational learning in extensive-form games when rationality is common knowledge and players observe a partition of the terminal nodes. RPCE allows players to make inferences about unobserved play by others. We discuss the implications of this using numerous examples, and discuss the relationship of RPCE to other solution concepts in the literature.
Rationalizable Partition-Confirmed Equilibrium
Published 2015 in Theoretical Economics
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- Publication year
2015
- Venue
Theoretical Economics
- Publication date
2015-09-01
- Fields of study
Economics
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Semantic Scholar
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