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One-Shot Public Mediated Talk

Author

Listed:
  • Lehrer, Ehud
  • Sorin, Sylvain

Abstract

We show that any correlation device with rational coefficients can be generated by a mechanism where each player sends a private message to a mediator who in turn makes a public deterministic announcement. Moreover, the mechanism suggested is immunized against individual deviations.
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Suggested Citation

  • Lehrer, Ehud & Sorin, Sylvain, 1997. "One-Shot Public Mediated Talk," Games and Economic Behavior, Elsevier, vol. 20(2), pages 131-148, August.
  • Handle: RePEc:eee:gamebe:v:20:y:1997:i:2:p:131-148
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    References listed on IDEAS

    as
    1. Lehrer, Ehud, 1996. "Mediated Talk," International Journal of Game Theory, Springer;Game Theory Society, vol. 25(2), pages 177-188.
    2. Forges, Francoise, 1990. "Universal Mechanisms," Econometrica, Econometric Society, vol. 58(6), pages 1341-1364, November.
    3. Aumann, Robert J, 1987. "Correlated Equilibrium as an Expression of Bayesian Rationality," Econometrica, Econometric Society, vol. 55(1), pages 1-18, January.
    4. Aumann, Robert J., 1974. "Subjectivity and correlation in randomized strategies," Journal of Mathematical Economics, Elsevier, vol. 1(1), pages 67-96, March.
    5. Forges, Francoise M, 1986. "An Approach to Communication Equilibria," Econometrica, Econometric Society, vol. 54(6), pages 1375-1385, November.
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