Backward induction and common knowledge of rationality

Robert J. Aumann*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

349 Scopus citations

Abstract

We formulate precisely and prove the proposition that if common knowledge of rationality obtains in a game of perfect information, then the backward induction outcome is reached. Journal of Economic Literatur Classification Numbers: C72 D81.

Original languageEnglish
Pages (from-to)6-19
Number of pages14
JournalGames and Economic Behavior
Volume8
Issue number1
DOIs
StatePublished - 1995

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