EconPapers    
Economics at your fingertips  
 

ALTRUISTIC BEHAVIOR AND CORRELATED EQUILIBRIUM SELECTION

Giuseppe De Marco and Jacqueline Morgan ()

International Game Theory Review (IGTR), 2011, vol. 13, issue 04, 363-381

Abstract: This paper studies new refinement concepts for correlated equilibria based on altruistic behavior of the players and generalizes some refinement concepts previously developed by the authors for Nash equilibria. Effectiveness of the concepts, relations with the corresponding notions for Nash equilibria and with other correlated equilibrium refinements are investigated. The analysis of the topological properties of the set of solutions concludes the paper.

Keywords: Correlated equilibrium; refinement; altruistic behavior; friendliness (search for similar items in EconPapers)
JEL-codes: B4 C0 C6 C7 D5 D7 M2 (search for similar items in EconPapers)
Date: 2011
References: View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S0219198911003118
Access to full text is restricted to subscribers.

Related works:
Working Paper: Altruistic Behavior and Correlated Equilibrium Selection (2010) Downloads
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: https://EconPapers.repec.org/RePEc:wsi:igtrxx:v:13:y:2011:i:04:n:s0219198911003118

Ordering information: This journal article can be ordered from

DOI: 10.1142/S0219198911003118

Access Statistics for this article

International Game Theory Review (IGTR) is currently edited by David W K Yeung

More articles in International Game Theory Review (IGTR) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().

 
Page updated 2020-02-19
Handle: RePEc:wsi:igtrxx:v:13:y:2011:i:04:n:s0219198911003118