Logo
Munich Personal RePEc Archive

All-Stage strong correlated equilbrium

Heller, Yuval (2008): All-Stage strong correlated equilbrium.

Warning
There is a more recent version of this item available.
[thumbnail of MPRA_paper_8141.pdf]
Preview
PDF
MPRA_paper_8141.pdf

Download (294kB) | Preview

Abstract

A strong correlated equilibrium is a strategy profile that is immune to joint deviations. Different notions of strong correlated equilibria were defined in the literature. One major difference among those definitions is the stage in which coalitions can plan a joint deviation: before (ex-ante) or after (ex-post) the deviating players receive their part of the correlated profile. In this paper we prove that if deviating coalitions are allowed to use new correlating devices, then an ex-ante strong correlated equilibrium is immune to deviations at all stages. Thus the set of ex-ante strong correlated equilibria of Moreno & Wooders (1996) is included in all other sets of strong correlated equilibria.

Available Versions of this Item

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.