Conjugate duality of correlated equilibrium

B-Tier
Journal: Journal of Mathematical Economics
Year: 2009
Volume: 45
Issue: 12
Pages: 869-879

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The play of a game is a public good because it is "consumed" by each of the players. We model the play as supplied by an organizer managing a team--the demanders of the public good whose actions are unobservable. Competition among organizers leads to a price-quantity description of efficient correlated equilibria, called incentive compatible Lindahl equilibria. Conjugate duality characterizations of the sets of (i) (non-incentive compatible) Lindahl equilibria for games in normal form, (ii) correlated equilibria, and (iii) incentive compatible Lindahl equilibria are compared.

Technical Details

RePEc Handle
repec:eee:mateco:v:45:y:2009:i:12:p:869-879
Journal Field
Theory
Author Count
2
Added to Database
2026-01-26