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Correlated equilibrium in games with incomplete information revisited

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  • FORGES, Françoise

Abstract

A mistake in “Five legitimate definitions of correlated equilibrium in games with incomplete information” motivates a re-examination of some extensions of the solution concept that Aumann introduced.

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Bibliographic Info

Paper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers with number 2006041.

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Date of creation: 00 May 2006
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Handle: RePEc:cor:louvco:2006041

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References

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  1. Forges, F., 1987. "Universal mechanisms," CORE Discussion Papers 1987004, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  2. Eddie Dekel & Drew Fudenberg & Stephen Morris, 2005. "Interim Rationalizability," Levine's Bibliography 666156000000000526, UCLA Department of Economics.
  3. Ben-Porath, Elchanan, 2003. "Cheap talk in games with incomplete information," Journal of Economic Theory, Elsevier, vol. 108(1), pages 45-71, January.
  4. FORGES, Françoise, . "Five legitimate definitions of correlated equilibrium in games with incomplete informations," CORE Discussion Papers RP -1071, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  5. Aumann, Robert J, 1987. "Correlated Equilibrium as an Expression of Bayesian Rationality," Econometrica, Econometric Society, vol. 55(1), pages 1-18, January.
  6. Forges, F., 1984. "An approach to communication equilibria," CORE Discussion Papers 1984035, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  7. Jeffrey C. Ely & Marcin Peski, . "Hierarchies Of Belief And Interim Rationalizability," Discussion Papers 1388, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  8. Gerardi, Dino, 2004. "Unmediated communication in games with complete and incomplete information," Journal of Economic Theory, Elsevier, vol. 114(1), pages 104-131, January.
  9. Peter Vida, 2005. "A Detail-free Mediator and the 3 Player Case," IEHAS Discussion Papers 0511, Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences.
  10. R. Aumann, 2010. "Subjectivity and Correlation in Randomized Strategies," Levine's Working Paper Archive 389, David K. Levine.
  11. Françoise Forges, 2006. "Correlated Equilibrium in Games with Incomplete Information Revisited," Theory and Decision, Springer, vol. 61(4), pages 329-344, December.
  12. Forges, Françoise & Koessler, Frédéric, 2005. "Communication equilibria with partially verifiable types," Economics Papers from University Paris Dauphine 123456789/168, Paris Dauphine University.
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Citations

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Cited by:
  1. Chirantan Ganguly & Indrajit Ray, 2009. "Simple Mediation in a Cheap-Talk Game," Discussion Papers 05-08r, Department of Economics, University of Birmingham.
  2. Lehrer, Ehud & Rosenberg, Dinah & Shmaya, Eran, 2010. "Signaling and mediation in games with common interests," Games and Economic Behavior, Elsevier, vol. 68(2), pages 670-682, March.
  3. Jess Benhabib & Pengfei Wang & Yi Wen, 2013. "Uncertainty and Sentiment-Driven Equilibria," NBER Working Papers 18878, National Bureau of Economic Research, Inc.
  4. Tang, Qianfeng, 2010. "The Bayesian Solution and Hierarchies of Beliefs," MPRA Paper 26811, University Library of Munich, Germany.
  5. Lehrer, Ehud & Rosenberg, Dinah & Shmaya, Eran, 2013. "Garbling of signals and outcome equivalence," Games and Economic Behavior, Elsevier, vol. 81(C), pages 179-191.
  6. Morris, Stephen & Dekel, Eddie & Fudenberg, Drew, 2007. "Interim Correlated Rationalizability," Scholarly Articles 3196333, Harvard University Department of Economics.
  7. Tang, Qianfeng, 2010. "Interim Partially Correlated Rationalizability," MPRA Paper 26810, University Library of Munich, Germany.
  8. FORGES, Françoise, 2006. "Correlated equilibrium in games with incomplete information revisited," CORE Discussion Papers 2006041, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  9. Igal Milchtaich, 2014. "Implementability of correlated and communication equilibrium outcomes in incomplete information games," International Journal of Game Theory, Springer, vol. 43(2), pages 283-350, May.

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