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Wissenschaftliche LiteraturStrategic Decision MakingVWL

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Counterfactuals, Rationality and Equilibrium Concepts in Game Theory (Forschungsarbeit)

Counterfactuals, Rationality and Equilibrium Concepts in Game Theory

Schriftenreihe volkswirtschaftliche Forschungsergebnisse

Strategic decision making involves deliberating about the consequences of every available course of action. This in turn, requires hypothesizing about the beliefs of the other players and their possible reactions to observed play. Unless individuals have previous experience with similar games or players, they will have to resort to their own assessment and…

Backward InductionCounterfactualsEquilibrium RefinementsGame TheoryRationalitySequential EquilibriumSignaling GamesStrategic Decision MakingVolkswirtschaftslehre