Non-Bayesian correlated equilibrium as an expression of non-Bayesian rationality

B-Tier
Journal: Games and Economic Behavior
Year: 2022
Volume: 135
Issue: C
Pages: 1-15

Authors (2)

Hillas, John (not in RePEc) Samet, Dov (Tel Aviv University)

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

We study new non-Bayesian solutions of games in strategic form, based on four notions of dominance: weak or strict domination by either a pure or a mixed strategy. For each of these types of dominance, d, we define a family of sets of strategy profiles, called d-correlated equilibria. We study the structure and properties of these families. A player is d-dominance rational when she does not play a strategy that is d-dominated relative to what she knows about the play of the other players. A set of profiles is a d-correlated equilibrium if and only if it is the set of profiles played in a model where d-dominance rationality is commonly known. When d denotes strict domination by a mixed strategy, a set of profiles is a d-correlated equilibrium if and only if it is the set of profiles played in a model where Bayesian rationality is commonly known.

Technical Details

RePEc Handle
repec:eee:gamebe:v:135:y:2022:i:c:p:1-15
Journal Field
Theory
Author Count
2
Added to Database
2026-01-29