Article contents
Interpreting Knowledge in the Backward Induction Problem1
Published online by Cambridge University Press: 03 January 2012
Abstract
Robert Aumann argues that common knowledge of rationality implies backward induction in finite games of perfect information. I have argued that it does not. A literature now exists in which various formal arguments are offered in support of both positions. This paper argues that Aumann's claim can be justified if knowledge is suitably reinterpreted.
- Type
- Research Article
- Information
- Copyright
- Copyright © Cambridge University Press 2011
References
- 4
- Cited by