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Repeated Games and Correlated Equilibria

In: Strategy and Game Theory

Author

Listed:
  • Felix Munoz-Garcia

    (Washington State University)

  • Daniel Toro-Gonzalez

    (Universidad Tecnológica de Bolívar)

Abstract

InRepeated games this chapter we explore agents’ incentives to cooperate when they interact in infinite repetitions of a stage game, such as the Prisoner’s Dilemma game or the Cournot oligopolyOligopoly game. Repeated interactions between the same group of individuals, or repeated competition between the same group of firms in a given industry, are fairly common.

Suggested Citation

  • Felix Munoz-Garcia & Daniel Toro-Gonzalez, 2019. "Repeated Games and Correlated Equilibria," Springer Texts in Business and Economics, in: Strategy and Game Theory, edition 2, chapter 0, pages 277-321, Springer.
    • Handle: RePEc:spr:sptchp:978-3-030-11902-7_6
    DOI: 10.1007/978-3-030-11902-7_6
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