Welfare-Maximizing Correlated Equilibria using Kantorovich Polynomials with Sparsity

We propose an algorithm that computes the epsilon-correlated equilibria with global-optimal (i.e., maximum) expected social welfare for single stage polynomial games. We first derive an infinite-dimensional formulation of epsilon-correlated equilibria using Kantorovich polynomials and re-express it as a polynomial positivity constraint. In addition, we exploit polynomial sparsity to achieve a leaner problem formulation involving Sum-Of-Squares … Read more