Journal of Economic Methodology 4 (1):23-41 (1997)

Abstract
This paper uses the Centipede Game to criticize formal arguments that have recently been offered for and against backward induction as a rationality principle. It is argued that the crucial issues concerning the interpretation of counterfactuals depend on contextual questions that are abstracted away in current formalisms. I have a text, it always is the same, And always has been, Since I learnt the game. Chaucer, The Pardoner's Tale
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DOI 10.1080/13501789700000002
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References found in this work BETA

The Ways of Paradox and Other Essays.Yehoshua Bar-Hillel - 1967 - Philosophy and Phenomenological Research 28 (4):596-600.
Modeling Rational Players: Part I: Ken Binmore.Ken Binmore - 1987 - Economics and Philosophy 3 (2):179-214.
On the Evaluation of Solution Concepts.Robert Stalnaker - 1994 - Theory and Decision 37 (1):49-73.

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Citations of this work BETA

Common Knowledge of Rationality in Extensive Games.Boudewijn de Bruin - 2008 - Notre Dame Journal of Formal Logic 49 (3):261-280.
Book Reviews. [REVIEW]Robert Sugden - 1996 - Mind 105 (420):688-691.
Sexual Drift.Ken Binmore - 2013 - Biological Theory 8 (2):201-208.

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