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A seCure reversion protocol that generates payoffs dominating correlated equilibrium


  • Cédric Wanko


We define the reversion protocol of a voluntarily implementable Bayesian mechanism in which risk-averse players have no incentive to cheat or to deviate from the mediator’s recommendation and that can greatly improve their equilibrium expected payoffs as compared to those generated through coordination applied to the results of an unsatisfactory mediation.

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  • Cédric Wanko, 2010. "A seCure reversion protocol that generates payoffs dominating correlated equilibrium," Working Papers 10-11, LAMETA, Universtiy of Montpellier, revised Sep 2010.
  • Handle: RePEc:lam:wpaper:10-11

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