What does rationalizability mean?

Definitions for rationalizability
ra·tio·nal·iz·abil·i·ty

This dictionary definitions page includes all the possible meanings, example usage and translations of the word rationalizability.

Wiktionary

  1. rationalizabilitynoun

    The condition of being rationalizable

ChatGPT

  1. rationalizability

    Rationalizability is a concept in game theory that describes a strategy or action that a player might choose in a game based on their beliefs about the likely strategies chosen by other players. A strategy is considered rationalizable if it survives as a best response to the strategies chosen by other players after iteratively removing dominated strategies. Essentially, rationalizability involves predicting the actions of others and choosing a consistent strategy that is reasonable given those predictions.

Wikidata

  1. Rationalizability

    In game theory, rationalizability or rationalizable equilibria is a solution concept which generalizes Nash equilibrium. The general idea is to provide the weakest constraints on players while still requiring rational players. It was first discovered independently by Bernheim and Pearce.

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Numerology

  1. Chaldean Numerology

    The numerical value of rationalizability in Chaldean Numerology is: 9

  2. Pythagorean Numerology

    The numerical value of rationalizability in Pythagorean Numerology is: 5

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"rationalizability." Definitions.net. STANDS4 LLC, 2024. Web. 11 Oct. 2024. <https://www.definitions.net/definition/rationalizability>.

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