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The folk theorem for all games with almost perfect monitoring

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Author Info
Wojciech Olszewski
Johannes Horner

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Abstract

"Selection in Dynamic Games" 1. Assortative Matching with costly search, presented by Alp Atakan 2. A Refinement of Sequential Equilibrium with Application to Decentralized Collusion, presented by Peter Eso 3. Noisy evolution in Normal form Games, presented by Christoph Kuzmics 4. The folk theorem for all games with almost perfect monitoring presented by Johannes Horner Abstract: We study repeated games in which monitoring is imperfect and private. We prove the folk theorem for all two-player (finite) games assuming that the monitoring is almost perfect, but not necessarily almost public

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File URL: http://www.kellogg.northwestern.edu/faculty/horner/folktheorem.pdf
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Paper provided by Society for Economic Dynamics in its series 2004 Meeting Papers with number 475.

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Date of creation: 2004
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Handle: RePEc:red:sed004:475

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Related research
Keywords: imperfect private monitoring; repeated games;

Find related papers by JEL classification:
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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  1. Eiichi Miyagawa & Yasuyuki Miyahara & Tadashi Sekiguchi, 2004. "The folk theorem for repeated games with observation costs," Discussion Papers 0405-12, Columbia University, Department of Economics. [Downloadable!]
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