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All-stage strong correlated equilibrium

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  • Heller, Yuval

Abstract

A strong correlated equilibrium is a correlated strategy profile that is immune to joint deviations. Existing solution concepts assume that players receive simultaneously correlated recommendations from the mediator. An ex-ante strong correlated equilibrium (Moreno and Wooders, 1996) is immune to deviations that are planned before receiving the recommendations. In this note we focus on mediation protocols where players may get their recommendations at several stages, and show that an ex-ante strong correlated equilibrium is immune to deviations at all stages of the protocol.

Suggested Citation

  • Heller, Yuval, 2010. "All-stage strong correlated equilibrium," Games and Economic Behavior, Elsevier, vol. 69(1), pages 184-188, May.
    • Handle: RePEc:eee:gamebe:v:69:y:2010:i:1:p:184-188
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    References listed on IDEAS

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    Cited by:

    1. Nicholas Ziros, 2011. "Negotiation-proof correlated equilibrium," University of Cyprus Working Papers in Economics 14-2011, University of Cyprus Department of Economics.

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