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Proper rationalizability and backward induction

✍ Scribed by Frank Schuhmacher


Book ID
105856508
Publisher
Springer-Verlag
Year
1999
Tongue
English
Weight
175 KB
Volume
28
Category
Article
ISSN
0020-7276

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πŸ“œ SIMILAR VOLUMES


Consistent planning, backwards induction
✍ Christian Koboldt πŸ“‚ Article πŸ“… 1996 πŸ› Springer US 🌐 English βš– 982 KB

This paper argues that with regard to sequential choice problems the set of assumptions that am necessary for the process of planning to be logically consistent may make the notion of rational dynamic consistency an unacceptable prescription for choice. In this sense, motivational limits to rational