Template-Type: ReDIF-Paper 1.0 Author-Name: Giacomo Bonanno Author-Name-First: Giacomo Author-Name-Last: Bonanno Author-Name: Klaus Nehring Author-Name-First: Klaus Author-Name-Last: Nehring Author-Workplace-Name: Department of Economics, University of California Davis Title: EPISTEMIC FOUNDATIONS OF SOLUTION CONCEPTS IN GAME THEORY: AN INTRODUCTION Abstract: We give an introduction to the literature on the epistemic foundations of solution concepts in game theory. Only normal-form games are considered. The solution concepts analyzed are rationalizability, strong rationalizability, correlated equilibrium and Nash equilibrium. The analysis is carried out locally in terms of properties of the belief hierarchies. Several examples are used throughout to illustrate definitions and concepts. Length: 39 File-URL: https://repec.dss.ucdavis.edu/files/x2r3PyETsxczkjnG29CM9xwB/97-21.pdf File-Format: application/pdf Number: 248 Classification-JEL: KeyWords: Creation-Date: 20030108 Handle: RePEc:cda:wpaper:248