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Correlated equilibria in some classes of two-person games
Authors:Prof R W Rosenthal
Institution:1. Department of Industrial Engineering and Management Sciences, Northwestern University, Evanston, Illinois
Abstract:A correlated equilibrium in a two-person game is “good” if for everyNash equilibrium there is a player who prefers the correlated equilibrium to theNash equilibrium. If a game is “best-response equivalent” to a two-person zero-sum game, then it has no good correlated equilibria. But games which are “almost strictly competitive” or “order equivalent” to a two-person zero-sum game may have good correlated equilibria.
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