Browsing FAS Scholarly Articles by Keyword "folk theorem"
Now showing items 1-6 of 6
-
Continuous Time Limits of Repeated Games with Imperfect Public Monitoring
(Elsevier, 2007)In a repeated game with imperfect public information, the set of equilibria depends on the way that the distribution of public signals varies with the players' actions. Recent research has focused on the case of “frequent ... -
The Folk Theorem for Irreducible Stochastic Games with Imperfect Public Monitoring
(Elsevier, 2011)This paper introduces stochastic games with imperfect public signals. It provides a sufficient condition for the folk theorem when the game is irreducible, thus generalizing the results of Dutta (1995) and Fudenberg, Levine, ... -
Learning from Private Information in Noisy Repeated Games
(Elsevier, 2011)We study the perfect type-contingently public ex-post equilibrium (PTXE) of repeated games where players observe imperfect public signals of the actions played, and both the payoff functions and the map from actions to ... -
The Nash-Threats Folk Theorem with Communication and Approximate Common Knowledge in Two Player Games
(Elsevier, 2007)We show that the use of communications to coordinate equilibria generates a Nash-threats folk theorem in two-player games with “almost public” information. The results generalize to the <i>n</i>-person case. However, the ... -
Perfect Public Equilibrium When Players Are Patient
(Elsevier, 2007)We provide a characterization of the limit set of perfect public equilibrium payoffs of repeated games with imperfect public monitoring as the discount factor goes to one. Our result covers general stage games including ... -
Repeated Games Where the Payoffs and Monitoring Structure Are Unknown
(The Econometric Society, 2010)This paper studies repeated games with imperfect public monitoring where the play- ers are uncertain both about the payoff functions and about the relationship between the distribution of signals and the actions played. ...