Perfect correlated equilibria
成果类型:
Article
署名作者:
Dhillon, A; Mertens, JF
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1006/jeth.1996.0018
发表日期:
1996
页码:
279-302
关键词:
摘要:
The (epsilon)-perfect correlated equilibria (PCE) are those induced by a (epsilon)-perfect equilibrium of some correlation device. The ''revelation principle'' fails for this concept-the direct mechanism map not yield a perfect equilibrium. The approximately perfect correlated equilibria (APCE) are the limits of epsilon-PCE, and we obtain a full characterisation for them. Even the APCE are ''acceptable.'' We argue in an example that, among those, it is the PCE which seem the ''right'' concept. (C) 1996 Academic Press, Inc.