# Correlated-belief equilibrium

@article{Tsakas2015CorrelatedbeliefE, title={Correlated-belief equilibrium}, author={Elias Tsakas}, journal={Synthese}, year={2015}, volume={193}, pages={757-779} }

We introduce a new solution concept, called correlated-belief equilibrium. The difference to Nash equilibrium is that, while each player has correct marginal conjectures about each opponent, it is not necessarily the case that these marginal conjectures are independent. Then, we provide an epistemic foundation and we relate correlated-belief equilibrium with standard solution concepts, such as rationalizability, correlated equilibrium and conjectural equilibrium.

## 2 Citations

A Complete Bibliography of Publications in Synthese, 2020–2029

- Philosophy

Abduction [336]. Abductive [11, 124]. ability [143]. Absence [188]. absences [233]. absurdity [154]. Acceptable [18]. accepting [120]. account [81, 169, 129, 13, 196, 168]. across [35]. Action [271,…

Essays on Correlated Equilibrium and Voter Turnout

- Economics
- 2015

This thesis consists of three essays in the areas of political economy and game theory, unified by their focus on the effects of pre-play communication on equilibrium outcomes. Communication is…

## References

SHOWING 1-10 OF 28 REFERENCES

Rationalizability and Correlated Equilibria

- Economics
- 1987

We discuss the unity between the two standard approaches to noncooperative solution concepts for games. The decision-theoretic approach starts from the assumption that the rationality of the players…

Consistency of beliefs and epistemic conditions for Nash and correlated equilibria

- EconomicsGames Econ. Behav.
- 2009

On Non-Nash Equilibria

- Economics
- 1999

Abstract I consider generalisations of the Nash equilibrium concept based on the idea that in equilibrium the players' beliefs should not be contradicted, even if they could possibly be incorrect.…

Conjectural Equilibria and Rationalizability in a Game with Incomplete Information

- Economics
- 1997

Conjectural equilibria and rationalizability are introduced in order to analyze extensive games with incomplete information when the common prior assumption is dropped. We provide a macroeconomic…

Rationalizable conjectural equilibrium: A framework for robust predictions

- Economics
- 2013

I introduce a new framework to study environments with both structural and strategic uncertainty, different from Harsanyi's (1967-8) `Bayesian games', that allows a researcher to test the robustness…

Subjective Equilibrium in Repeated Games

- Economics
- 1993

A player's strategy, for an n-person infinitely repeated game with discounting, is subjectively rational if it is a best response to his individual beliefs regarding opponents' strategies. A vector…

Self-confirming equilibrium

- Economics
- 1993

In a self-confining equilibrium, each player's strategy is a best response to his beliefs about the play of his opponents and each player's beliefs are correct along the equilibrium path of play.…

Epistemic Conditions for Nash Equilibrium

- Economics
- 1995

Sufficient conditions for Nash equilibrium in an 'n'-person game are given in terms of what the players know and believe - about the game, and about each other's rationality, actions, knowledge, and…