Correlated equilibrium in a nutshell
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We analyze the concept of correlated equilibrium in the framework of two-player two-strategy games. This simple framework makes it possible to clearly demonstrate the characteristic features of this concept. We develop an intuitive and easily memorizable test for equilibrium conditions and provide a complete classification of symmetric correlated equilibria in symmetric games.
KeywordsGames with communication Correlated strategies Correlated equilibrium 2 \(\times \) 2 games
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