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, secret contracts highlight a rich duality between detection and enforcement with linear transfers. On the one hand …
Persistent link: https://www.econbiz.de/10005747295
This paper establishes and interprets a necessary and sucient condition for existence of (countably additive) correlated equilibrium in n-person games, assuming only that utility functions are bounded, measurable. A sequence of deviation profiles is consistent if there exists a correlated...
Persistent link: https://www.econbiz.de/10005747296