In this paper we study the player's reasoning in normal form games. To this end we generalize the concept of objective correlated equilibrium distributions introduced by Aumann [1987] to the subjective case. We propose simple and easily interpretable axioms of the rational behavior dealing with...

This note clarifies some aspects of Berheim's (1986) characterization of Nash and correlated equilibria.

In this paper, we prove that the concept of value traditionally defined in the class of two-person zero-sum games can be adequately generalized to the class of n-person weakly unilaterally competitive games introduced by Kats & Thisse [KT92b]. We subsequently establish that if there exists an...