Common belief foundations of global games

© 2016 Elsevier Inc.. We study coordination games under general type spaces. We characterize rationalizable actions in terms of the properties of the belief hierarchies and show that there is a unique rationalizable action played whenever there is approximate common certainty of rank beliefs, define...

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Bibliographic Details
Main Authors: Morris, Stephen, Shin, Hyun Song, Yildiz, Muhamet
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:English
Published: Elsevier BV 2021
Online Access:https://hdl.handle.net/1721.1/134269