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Inverse View
It is not the case that Elimination of weakly dominated strategies and correlation are distinct refinements of Nash Equilibrium that favor different solutions
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Reasons For
2 perspectives
Reason for 1 of 2
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1.
Weak dominance elimination is order-dependent: different elimination sequences can yield different surviving strategy sets, undermining its status as a principled refinement.
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2.
If the refinement procedure lacks a unique outcome, it cannot coherently 'favor' a solution in contrast to correlation, since its recommendation is itself indeterminate.
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Reason for 2 of 2
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1.
Correlated equilibrium subsumes Nash equilibrium as a special case, making correlation an extension rather than a refinement in the technical sense Aumann (1987) establishes.
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2.
A procedure that expands the solution set beyond Nash equilibria cannot be categorized as a refinement alongside weak dominance elimination, which strictly reduces the solution set.
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Reasons Against
1 perspective
Reason against
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1.
Elimination of weakly dominated strategies refines away the NE s2-t1
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2.
Correlation refines away the NE s1-t2
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