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Correlated Equilibria, Incomplete Information and Coalitional Deviations Author info | Abstract | Publisher info | Download info | Related research | Statistics Bloch, Francis (Department of Economics, University of Warwick and GREQAM)
Dutta, Bhaskar (Department of Economics, University of Warwick)
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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.
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Paper provided by University of Warwick, Department of Economics in its series The Warwick Economics Research Paper Series (TWERPS) with number
763.
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Date of creation: 2006Date of revision:
Handle: RePEc:wrk:warwec:763Contact details of provider: Postal: CV4 7AL COVENTRY Phone: +44 (0) 2476 523202 Fax: +44 (0) 2476 523032 Web page: http://www2.warwick.ac.uk/fac/soc/economics/ More information through EDIRC
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Keywords: correlated equilibrium ; coalitions ; information sharing ; games with positive externalities ; Other versions of this item:
Find related papers by JEL classification: C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
This paper has been announced in the following NEP Reports :
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Dutta, Bhaskar & Vohra, Rajiv, 2005.
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[Downloadable!] (restricted)
Other versions:
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"Incomplete Information, Credibility and the Core ,"
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Konishi, Hideo & Le Breton, Michel & Weber, Shlomo, 1997.
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Ray, Indrajit, 1996.
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Other versions: Bernheim, B. Douglas & Peleg, Bezalel & Whinston, Michael D., 1987.
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Journal of Economic Theory ,
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Ray, Debraj & Vohra, Rajiv, 1997.
"Equilibrium Binding Agreements ,"
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Moreno, Diego & Wooders, John, 1996.
"Coalition-Proof Equilibrium ,"
Games and Economic Behavior ,
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[Downloadable!] (restricted)
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Heller, Yuval, 2005.
"Minority-proof cheap-talk protocol ,"
MPRA Paper
7716, University Library of Munich, Germany, revised 26 Feb 2008.
[Downloadable!]
Heller, Yuval, 2008.
"All-stage strong correlated equilibrium ,"
MPRA Paper
7717, University Library of Munich, Germany.
[Downloadable!]
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