We provide an epistemic analysis of arbitrary strategic games based on possibility correspondences. We first establish a generic result that links true common beliefs (and, respectively, common knowledge) of players rationality defined by means of `monotonic properties, with the iterated elimination of strategies that do not satisfy these properties. It allows us to deduce the customary results concerned with true common beliefs of rationality and iterated elimination of strictly dominated strategies as simple corollaries. This approach relies on Tarskis Fixpoint Theorem. We also provide an axiomatic presentation of this generic result. This allows us to clarify the proof-theoretic principles assumed in players reasoning. Finally, we provide an alternative characterization of the iterated elimination of strategies based on the concept of a public announcement. It applies to `global properties. Both classes of properties include the notions of rationalizability and the iterated elimination of strictly dominated strategies.
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