Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
}
TY - JOUR
T1 - Coarse correlated equilibria in linear duopoly games
AU - Ray, Indrajit
AU - Sen Gupta, Sonali
PY - 2013/5
Y1 - 2013/5
N2 - For duopoly models, we analyse the concept of coarse correlated equilibrium using simple symmetric devices that the players choose to commit to in equilibrium. In a linear duopoly game, we prove that Nash-centric devices, involving sunspot structure, are simple symmetric coarse correlated equilibria. any small perturbation from such a structure fails to be an equilibrium.
AB - For duopoly models, we analyse the concept of coarse correlated equilibrium using simple symmetric devices that the players choose to commit to in equilibrium. In a linear duopoly game, we prove that Nash-centric devices, involving sunspot structure, are simple symmetric coarse correlated equilibria. any small perturbation from such a structure fails to be an equilibrium.
KW - Duopoly
KW - Coarse correlation
KW - Simple devices
KW - Sunspots
U2 - 10.1007/s00182-012-0360-8
DO - 10.1007/s00182-012-0360-8
M3 - Journal article
VL - 42
SP - 541
EP - 562
JO - International Journal of Game Theory
JF - International Journal of Game Theory
SN - 0020-7276
IS - 2
ER -