Every random choice rule is backwards-induction rationalizable
Motivated by the literature on random choice and in particular the random utility models, we extend the analysis in Bossert and Sprumont (2013) to include the possibility that players exhibit stochastic preferences over alternatives. We prove that every random choice rule is backwards-induction rati...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2017
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| Online Access: | https://ink.library.smu.edu.sg/soe_research/2197 https://ink.library.smu.edu.sg/context/soe_research/article/3196/viewcontent/1_s20_S089982561730101X_main.pdf |
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| Institution: | Singapore Management University |
| Language: | English |