Abstract
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.
Original language | English |
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Pages (from-to) | 541–562 |
Journal | International Journal of Game Theory |
Volume | 42 |
Early online date | 06 Dec 2012 |
DOIs | |
Publication status | Published - May 2013 |
Externally published | Yes |