Econometrica Vol. 81 No. 6 2013
Every Choice Function Is Backwards-Induction Rationalizable
Abstract
A choice function is backwards-induction rationalizable if there exists a finite perfect-information extensive-form game such that for each subset of alternatives, the backwards-induction outcome of the restriction of the game to that subset of alternatives coincides with the choice from that subset. We prove that every choice function is backwards-induction rationalizable.
- DOI
- 10.3982/ecta11419
- Volume
- 81
- Issue
- 6
- Pages
- 2521-2534
- Language
- en
- Sources
- bibtex:phds-export.bib crossref openalex