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    Aumann's (1995) proof presupposes that rationality is com... — Carmelics
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    Supports→Rationality and common knowledge of rationality in extensive games does not necessarily imply players will play according to the backward induction solution

    Aumann's (1995) proof presupposes that rationality is common knowledge even at counterfactual nodes, a condition that is self-undermining when deviation occurs.

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    Key Terms

    knowledge(Distinguished from mere true belief, which may be the product of indoctrination and need not exercise deliberative capacities.)
    Justified true belief — true belief that has been arrived at through the exercise of deliberative capacities, including comparison of and deliberation among alternatives.

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