Correlated Equilibrium and Potential Games 1

  • ABRAHAM N EYNLJ
Any correlated equilibrium of a strategic game with bounded payoffs and convex strategy sets which has a smooth concave potential, is a mixture of pure strategy profiles which maximize the potential. If moreover, the strategy sets are compact and the potential is strictly concave, then the game has a unique correlated equilibrium. It is well known that… CONTINUE READING