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Simple coalitional strategy profiles in repeated games

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  • Larrea, C.
  • Ruiz, L.

Abstract

In this paper we introduce simple coalitional strategy profiles to avoid group deviations in repeated games. In the repeated Cournot supergame we prove that it is possible to sustain the symmetric monopoly outcome by means of a variety of strategies which satisfy the requirement that no coalition (other than the grand one) will deviate in any subgame.

Suggested Citation

  • Larrea, C. & Ruiz, L., 2015. "Simple coalitional strategy profiles in repeated games," Mathematical Social Sciences, Elsevier, vol. 76(C), pages 125-130.
    • Handle: RePEc:eee:matsoc:v:76:y:2015:i:c:p:125-130
    DOI: 10.1016/j.mathsocsci.2015.04.009
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    References listed on IDEAS

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    1. Farrell, Joseph & Maskin, Eric, 1989. "Renegotiation in repeated games," Games and Economic Behavior, Elsevier, vol. 1(4), pages 327-360, December.
    2. Aramendia, Miguel & Larrea, Concepcion & Ruiz, Luis, 2005. "Renegotiation in the repeated Cournot model," Games and Economic Behavior, Elsevier, vol. 52(1), pages 1-19, July.
    3. Evans, Robert & Maskin, Eric, 1989. "Efficient renegotiation--proof equilibria in repeated games," Games and Economic Behavior, Elsevier, vol. 1(4), pages 361-369, December.
    4. Abreu, Dilip, 1986. "Extremal equilibria of oligopolistic supergames," Journal of Economic Theory, Elsevier, vol. 39(1), pages 191-225, June.
    5. Bernheim, B. Douglas & Peleg, Bezalel & Whinston, Michael D., 1987. "Coalition-Proof Nash Equilibria I. Concepts," Journal of Economic Theory, Elsevier, vol. 42(1), pages 1-12, June.
    6. Segerstrom, Paul S., 1988. "Demons and repentance," Journal of Economic Theory, Elsevier, vol. 45(1), pages 32-52, June.
    7. Abreu, Dilip, 1988. "On the Theory of Infinitely Repeated Games with Discounting," Econometrica, Econometric Society, vol. 56(2), pages 383-396, March.
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