Correlated equilibria, incomplete information and coalitional deviations

Francis Bloch () and Bhaskar Dutta ()

Games and Economic Behavior, 2009, vol. 66, issue 2, pages 721-728

Abstract: This paper proposes new concepts of strong and coalition-proof correlated equilibria where agents form coalitions at the interim stage and share information about their recommendations in a credible way. When players deviate at the interim stage, coalition-proof correlated equilibria may fail to exist for two-player games. However, coalition-proof correlated equilibria always exist in dominance-solvable games and in games with positive externalities and binary actions.

Keywords: Correlated; equilibrium; Coalitions; Information; sharing; Games; with; positive; externalities (search for similar items in EconPapers)
Date: 2009

Downloads: (external link)
http://www.sciencedirect.com/science/article/B6WFW ... 47ee02d850cc5cdc0a1c
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Correlated Equilibria, Incomplete Information and Coalitional Deviations (2006)
Working Paper: Correlated Equilibria, Incomplete Information and Coalitional Deviations (2006)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:eee:gamebe:v:66:y:2009:i:2:p:721-728

Access Statistics for this article

Games and Economic Behavior is edited by E. Kalai

More articles in Games and Economic Behavior from Elsevier
Series data maintained by Heidi Boesdal ().