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    The modeling of players' belief change upon learning an o... — Carmelics
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    Challenges→Rationality and common knowledge of rationality in extensive games does not necessarily imply players will play according to the backward induction solution

    The modeling of players' belief change upon learning an opponent has deviated from the backward induction path affects the conclusion

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    Rationality and common knowledge of rationality in extensive games does not nece...Stalnaker (1998) showed that under a different model of belief revision, backwar...

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    The only crucial difference identified is how each models players' bel...91%The difference in conclusions between Aumann (1995) and Stalnaker (199...77%Rationality and common knowledge of rationality in extensive games doe...77%Stalnaker (1998) showed that under a different model of belief revisio...77%

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    The most well-known illustration of this is through the comparison of two apparently contradictory results regarding the consequences of assuming rationality and common knowledge of rationality in extensive games. Aumann (1995) showed that this epistemic condition implies that the players will play according to the backward induction solution while Stalnaker (1998) argued that this is not necessarily true. The crucial difference between these two results is the way in which they model the player

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