Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5071363 | Games and Economic Behavior | 2017 | 5 Pages |
Abstract
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 rationalizable.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Jiangtao Li, Rui Tang,