Theory and Decision

, Volume 83, Issue 4, pp 457–468 | Cite as

Correlated equilibrium in a nutshell

  • Rabah Amir
  • Sergei Belkov
  • Igor V. Evstigneev


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.


Games with communication Correlated strategies Correlated equilibrium 2 \(\times \) 2 games 


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Copyright information

© Springer Science+Business Media, LLC 2017

Authors and Affiliations

  • Rabah Amir
    • 1
  • Sergei Belkov
    • 2
  • Igor V. Evstigneev
    • 2
  1. 1.Department of EconomicsUniversity of IowaIowa CityUSA
  2. 2.Department of EconomicsUniversity of ManchesterManchesterUK

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