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Correlated Equilibria, Incomplete Information and Coalition Deviations

Working paper
Author/s: 
Francis Bloch and Bhaskar Dutta
Year: 
2006
PDF [1]
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.
Tags: 
Cooperative Game Theory [2]

Source URL:http://coalitiontheory.org/content/correlated-equilibria-incomplete-information-and-coalition-deviations-0

Links
[1] http://www.feem-web.it/ctn/papers/07_dutta.pdf [2] http://coalitiontheory.org/research-areas/cooperative-game-theory