Fat Princess never released on PSP. It's a PlayStation 3 exclusive (2009, Titan Studios / Sony).
No. Fat Princess is not on the Remote Play compatibility list. Even if it were, 32-player chaos over 802.11b/g would be unplayable.
If you want a similar vibe on handheld: Castle Crashers (PS Vita/PSP via PSN? No—Vita only) or BattleBlock Theater (no portable). Stick to PS3 or RPCS3.