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Correlated Equilibria and Communication in Games | SpringerLink

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The correlated equilibrium is a game theoretic solution concept. It was proposed by Aumann (1974, 1987) in order to capture the strategic correlation opportunities that the players face when they take into account the extraneous environment in which they interact. The notion is illustrated in section “Introduction.” A formal definition is given in section “Correlated Equilibrium: Definition and Basic Properties.” The correlated equilibrium also appears as the appropriate solution concept if preplay communication is allowed between the players. As shown in section “Correlated Equilibrium and Communication,” this property can be given several precise statements according to the constraints imposed on the players’ communication, which can go from plain conversation to exchange of messages through noisy channels. Originally designed for static games with complete information, the correlated equilibrium applies to any strategic form game. It is geometrically and... This is a preview of subs

Definition of the Subject The correlated equilibrium is a game theoretic solution concept. It was proposed by Aumann ( 1974 , 1987 ) in order to capture the strategic correlation opportunities that the players face when they take into account the extraneous environment in which they interact. The notion is illustrated in section “ Introduction .” A formal definition is given in section “ Correlated Equilibrium: Definition and Basic Properties .” The correlated equilibrium also appears as the appropriate solution concept if preplay communication is allowed between the players. As shown in secti

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