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Collective dynamic consistency in repeated games

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Cited by:

  1. David J. Cooper & Kai-Uwe K?hn, 2014. "Communication, Renegotiation, and the Scope for Collusion," American Economic Journal: Microeconomics, American Economic Association, vol. 6(2), pages 247-278, May.
  2. Osterdal, Lars Peter, 2005. "Bargaining power in repeated games," Mathematical Social Sciences, Elsevier, vol. 49(1), pages 101-110, January.
  3. Xue, Licun, 2002. "Stable agreements in infinitely repeated games," Mathematical Social Sciences, Elsevier, vol. 43(2), pages 165-176, March.
  4. Kaplow, Louis & Shapiro, Carl, 2007. "Antitrust," Handbook of Law and Economics, in: A. Mitchell Polinsky & Steven Shavell (ed.), Handbook of Law and Economics, edition 1, volume 2, chapter 15, pages 1073-1225, Elsevier.
  5. Anderlini, Luca & Felli, Leonardo, 2001. "Costly Bargaining and Renegotiation," Econometrica, Econometric Society, vol. 69(2), pages 377-411, March.
  6. Brian D. Wright & Kenneth M. Kletzer, 2000. "Sovereign Debt as Intertemporal Barter," American Economic Review, American Economic Association, vol. 90(3), pages 621-639, June.
  7. Caillaud, B. & Cohen, D., 2000. "Inter-generational transfers and common values in a society," European Economic Review, Elsevier, vol. 44(4-6), pages 1091-1103, May.
  8. Choy, James P., 2016. "Constructing Social Division to Support Cooperation," Economic Research Papers 269582, University of Warwick - Department of Economics.
  9. Goldlücke, Susanne & Kranz, Sebastian, 2013. "Renegotiation-proof relational contracts," Games and Economic Behavior, Elsevier, vol. 80(C), pages 157-178.
  10. Geir B. Asheim, 1997. "Individual and Collective Time-Consistency," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 64(3), pages 427-443.
  11. Ferreira, Jos e Luis, 1996. "A Communication-Proof Equilibrium Concept," Journal of Economic Theory, Elsevier, vol. 68(1), pages 249-257, January.
  12. B. Douglas Bernheim & Debraj Ray & Şevin Yeltekin, 2015. "Poverty and Self‐Control," Econometrica, Econometric Society, vol. 83(5), pages 1877-1911, September.
  13. Fonseca, Miguel A. & Normann, Hans-Theo, 2012. "Explicit vs. tacit collusion—The impact of communication in oligopoly experiments," European Economic Review, Elsevier, vol. 56(8), pages 1759-1772.
  14. Fehr, Nils-Henrik M. von der & Harbord, David, 2018. "On the Enforcement of Trade Embargoes by the Merchant Guilds," MPRA Paper 88431, University Library of Munich, Germany.
  15. Ludema, Rodney D., 2001. "Optimal international trade agreements and dispute settlement procedures," European Journal of Political Economy, Elsevier, vol. 17(2), pages 355-376, June.
  16. Luca Anderlini & Leonardo Felli, 1998. "Costly Bargaining and Renegotiation - (Now published in Econometrica, 69(4) (March 2001), pp. 377-411.)," STICERD - Theoretical Economics Paper Series 361, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
  17. Hitoshi Matsushima, 2012. "Finitely Repeated Prisoners' Dilemma With Small Fines: The Penance Contract," The Japanese Economic Review, Japanese Economic Association, vol. 63(3), pages 333-347, September.
  18. Cetemen, Doruk & Feng, Felix Zhiyu & Urgun, Can, 2023. "Renegotiation and dynamic inconsistency: Contracting with non-exponential discounting," Journal of Economic Theory, Elsevier, vol. 208(C).
  19. Sebastian Kranz, 2013. "Relational Contracting, Repeated Negotiations, and Hold-Up," Levine's Working Paper Archive 786969000000000676, David K. Levine.
  20. Choy, James, 2013. "A Theory of Cooperation through Social Division, with Evidence from Nepal," CAGE Online Working Paper Series 115, Competitive Advantage in the Global Economy (CAGE).
  21. Andreas Blume, 1998. "Contract Renegotiation with Time‐Varying Valuations," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 7(3), pages 397-433, September.
  22. Van Damme, Eric, 2002. "Strategic equilibrium," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 3, chapter 41, pages 1521-1596, Elsevier.
  23. Ferreira, Jose Luis, 2003. "Strategic interaction between futures and spot markets," Journal of Economic Theory, Elsevier, vol. 108(1), pages 141-151, January.
  24. Choy, James P., 2013. "Constructing Social Division to Support Cooperation: Theory and Evidence from Nepal," Economic Research Papers 270538, University of Warwick - Department of Economics.
  25. Yuval Heller & Christoph Kuzmics, 2019. "Renegotiation and Coordination with Private Values," Graz Economics Papers 2019-10, University of Graz, Department of Economics.
  26. Heski Bar-Isaac, 2001. "Self-Confidence and Survival," FMG Discussion Papers dp395, Financial Markets Group.
  27. Mikhail Safronov & Bruno Strulovici, 2014. "Explicit Renegotiation in Repeated Games," Discussion Papers 1575, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  28. Harold L Cole & Dirk Krueger & George J Mailath & Yena Park, 2024. "Trust in Risk Sharing: A Double-Edged Sword," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 91(3), pages 1448-1497.
  29. Heidi Gjertsen & Theodore Groves & David A Miller & Eduard Niesten & Dale Squires & Joel Watson, 2021. "Conservation Agreements: Relational Contracts with Endogenous Monitoring," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 37(1), pages 1-40.
  30. J. Atsu Amegashie & Marco Runkel, 2012. "The Paradox of Revenge in Conflicts," Journal of Conflict Resolution, Peace Science Society (International), vol. 56(2), pages 313-330, April.
  31. Anthony Fai-Tong Chung, 2004. "Coalition-Stable Equilibria in Repeated Games," Econometric Society 2004 North American Summer Meetings 581, Econometric Society.
  32. Alessandro Cigno & Mizuki Komura & Annalisa Luporini, 2017. "Self-enforcing family rules, marriage and the (non)neutrality of public intervention," Journal of Population Economics, Springer;European Society for Population Economics, vol. 30(3), pages 805-834, July.
  33. David A. Miller & Joel Watson, 2013. "A Theory of Disagreement in Repeated Games With Bargaining," Econometrica, Econometric Society, vol. 81(6), pages 2303-2350, November.
  34. Geir Asheim & Jon Strand, 1991. "Long-term union-firm contracts," Journal of Economics, Springer, vol. 53(2), pages 161-184, June.
  35. Chowdhury, Prabal Roy, 2007. "Group-lending with sequential financing, contingent renewal and social capital," Journal of Development Economics, Elsevier, vol. 84(1), pages 487-506, September.
  36. Garey Ramey & Joel Watson, 1999. "Conditioning Institutions and Renegotiation," Cowles Foundation Discussion Papers 1225, Cowles Foundation for Research in Economics, Yale University.
  37. Ernesto Pastén, 2014. "Bailouts and Prudential Policies - A Delicate Interaction," Working Papers Central Bank of Chile 743, Central Bank of Chile.
  38. Zhao, Rui R., 2012. "Renegotiation and conflict resolution in relational contracting," Games and Economic Behavior, Elsevier, vol. 75(2), pages 964-983.
  39. Ansink, Erik & Houba, Harold, 2016. "Sustainable agreements on stochastic river flow," Resource and Energy Economics, Elsevier, vol. 44(C), pages 92-117.
  40. Spagnolo, Giancarlo, 1996. "Multimarket Contact, Concavity, and Collusion: on Extremal Equilibria of Interdependent Supergames," SSE/EFI Working Paper Series in Economics and Finance 104, Stockholm School of Economics, revised 30 Nov 1998.
  41. Andersson, Ola & Wengström, Erik, 2007. "More Communication, Less Cooperation: Experimental Evidence from Multi-stage Games," Working Papers 2007:4, Lund University, Department of Economics, revised 24 Nov 2010.
  42. Greif, Avner & Milgrom, Paul & Weingast, Barry R, 1994. "Coordination, Commitment, and Enforcement: The Case of the Merchant Guild," Journal of Political Economy, University of Chicago Press, vol. 102(4), pages 745-776, August.
  43. Tunay I. Tunca & Stefanos A. Zenios, 2006. "Supply Auctions and Relational Contracts for Procurement," Manufacturing & Service Operations Management, INFORMS, vol. 8(1), pages 43-67, February.
  44. Hua, Xiameng & Watson, Joel, 2022. "Starting small in project choice: A discrete-time setting with a continuum of types," Journal of Economic Theory, Elsevier, vol. 204(C).
  45. Hitoshi Matsushima, 2000. "Small Verifiability in Long-Term Relationships," CIRJE F-Series CIRJE-F-98, CIRJE, Faculty of Economics, University of Tokyo.
  46. Pedro Dal Bo & Guillaume R. Frochette, 2011. "The Evolution of Cooperation in Infinitely Repeated Games: Experimental Evidence," American Economic Review, American Economic Association, vol. 101(1), pages 411-429, February.
  47. Erik Ansink, 2009. "Self-enforcing Agreements on Water allocation," Working Papers 2009.73, Fondazione Eni Enrico Mattei.
  48. David G. Pearce & Dilip Abreu & Ennio Stacchetti, 1989. "Renegotiation and Symmetry in Repeated Games," Cowles Foundation Discussion Papers 920, Cowles Foundation for Research in Economics, Yale University.
  49. Serrano, Roberto & Zapater, Inigo, 1998. "The Three-Legged Race: Cooperating to Compete," Games and Economic Behavior, Elsevier, vol. 22(2), pages 343-363, February.
  50. Houba, H., 1992. "Non-cooperative bargaining in infinitely repeated games with binding contracts," Serie Research Memoranda 0009, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
  51. Niko Jaakkola & Florian Wagener, 2020. "All symmetric equilibria in differential games with public goods," Tinbergen Institute Discussion Papers 20-020/II, Tinbergen Institute.
  52. Tessa Bold & Stefan Dercon, 2009. "Contract Design in Insurance Groups," CSAE Working Paper Series 2009-04, Centre for the Study of African Economies, University of Oxford.
  53. Juan Ortner & Sylvain Chassang & Jun Nakabayashi & Kei Kawai, 2020. "Screening Adaptive Cartels," Working Papers 2020-59, Princeton University. Economics Department..
  54. W. Bentley MacLeod, 2006. "Reputations, Relationships and the Enforcement of Incomplete Contracts," CESifo Working Paper Series 1730, CESifo.
  55. Pau Olivella, 1995. "Information Structures and the Delegation of Monitoring," Annals of Economics and Statistics, GENES, issue 39, pages 1-32.
  56. Stähler, Frank, 1996. "Markov perfection and cooperation in repeated games," Kiel Working Papers 760, Kiel Institute for the World Economy (IfW Kiel).
  57. B. D. Bernheim & S. N. Slavov, 2009. "A Solution Concept for Majority Rule in Dynamic Settings," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 76(1), pages 33-62.
  58. McCutcheon, Barbara, 1997. "Do Meetings in Smoke-Filled Rooms Facilitate Collusion?," Journal of Political Economy, University of Chicago Press, vol. 105(2), pages 330-350, April.
  59. Ernesto Pasten, 2020. "Prudential Policies and Bailouts: A Delicate Interaction," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 38, pages 181-197, October.
  60. Joseph Farrell & Jonathan B. Baker, 2021. "Natural Oligopoly Responses, Repeated Games, and Coordinated Effects in Merger Analysis: A Perspective and Research Agenda," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 58(1), pages 103-141, February.
  61. Harbord, David & Fehr, Nils Henrik von der, 2011. "Coordination, compensation and the expansion of trade: The merchant guilds revisited," MPRA Paper 40992, University Library of Munich, Germany.
  62. Harbord, David, 2006. "Enforcing cooperation among medieval merchants: The Maghribi traders revisited," MPRA Paper 1889, University Library of Munich, Germany.
  63. Maruta, Toshimasa & Okada, Akira, 2012. "Dynamic group formation in the repeated prisonerʼs dilemma," Games and Economic Behavior, Elsevier, vol. 74(1), pages 269-284.
  64. Ola Andersson & Erik Wengström, 2007. "Do Antitrust Laws Facilitate Collusion? Experimental Evidence on Costly Communication in Duopolies," Scandinavian Journal of Economics, Wiley Blackwell, vol. 109(2), pages 321-339, June.
  65. Andersson, Ola & Wengström, Erik, 2012. "Credible communication and cooperation: Experimental evidence from multi-stage Games," Journal of Economic Behavior & Organization, Elsevier, vol. 81(1), pages 207-219.
  66. Garey Ramey & Joel Watson, 2002. "Contractual Intermediaries," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 18(2), pages 362-384, October.
  67. B. Douglas Bernheim & Erik Madsen, 2017. "Price Cutting and Business Stealing in Imperfect Cartels," American Economic Review, American Economic Association, vol. 107(2), pages 387-424, February.
  68. Harstad, Bård, 2016. "The market for conservation and other hostages," Journal of Economic Theory, Elsevier, vol. 166(C), pages 124-151.
  69. Parikshit Ghosh & Debraj Ray, 2023. "The Social Equilibrium of Relational Arrangements," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 179(3-4), pages 579-615.
  70. Heidi Gjertsen & Theodore Groves & David A. Miller & Eduard Niesten & Dale Squires & Joel Watson, 2014. "A Contract-theoretic Model of Conservation Agreements," World Scientific Book Chapters, in: Kaddour Hadri & William Mikhail (ed.), Econometric Methods and Their Applications in Finance, Macro and Related Fields, chapter 15, pages 425-455, World Scientific Publishing Co. Pte. Ltd..
  71. Kloosterman, Andrew & Schotter, Andrew, 2016. "Complementary institutions and economic development: An experimental study," Games and Economic Behavior, Elsevier, vol. 99(C), pages 186-205.
  72. Gonzalez, M. & Wen, W., 2007. "The Supply of Social Insurance," Cambridge Working Papers in Economics 0772, Faculty of Economics, University of Cambridge.
  73. Hitoshi Matsushima, 2002. "Finitely Repeated Games with Small Side Payments," CIRJE F-Series CIRJE-F-179, CIRJE, Faculty of Economics, University of Tokyo.
  74. Heller, Yuval & Kuzmics, Christoph, 2024. "Communication, renegotiation and coordination with private values," Games and Economic Behavior, Elsevier, vol. 143(C), pages 51-76.
  75. Ferreira, JoseLuis, 1995. "On the possibility of stable renegotiation," Economics Letters, Elsevier, vol. 47(3-4), pages 269-274, March.
  76. Pearce, David & Stacchetti, Ennio, 1997. "Time Consistent Taxation by a Government with Redistributive Goals," Journal of Economic Theory, Elsevier, vol. 72(2), pages 282-305, February.
  77. Alessandro Cigno, 2006. "A constitutional theory of the family," Journal of Population Economics, Springer;European Society for Population Economics, vol. 19(2), pages 259-283, June.
  78. Jackson, Matthew O. & Watts, Alison, 2010. "Social games: Matching and the play of finitely repeated games," Games and Economic Behavior, Elsevier, vol. 70(1), pages 170-191, September.
  79. Cigno, A., 2016. "Conflict and Cooperation Within the Family, and Between the State and the Family, in the Provision of Old-Age Security," Handbook of the Economics of Population Aging, in: Piggott, John & Woodland, Alan (ed.), Handbook of the Economics of Population Aging, edition 1, volume 1, chapter 0, pages 609-660, Elsevier.
  80. Baliga, Sandeep & Evans, Robert, 2000. "Renegotiation in Repeated Games with Side-Payments," Games and Economic Behavior, Elsevier, vol. 33(2), pages 159-176, November.
  81. Mathevet, Laurent, 2018. "An axiomatization of plays in repeated games," Games and Economic Behavior, Elsevier, vol. 110(C), pages 19-31.
  82. Miguel Vazquez, 2012. "Analysis of the strategic use of forward contracting in electricity markets," RSCAS Working Papers 2012/13, European University Institute.
  83. Tessa Bold, 2009. "Implications of Endogenous Group Formation for Efficient Risk‐Sharing," Economic Journal, Royal Economic Society, vol. 119(536), pages 562-591, March.
  84. Matthew O. Jackson & Tomas Rodriguez-Barraquer & Xu Tan, 2012. "Social Capital and Social Quilts: Network Patterns of Favor Exchange," American Economic Review, American Economic Association, vol. 102(5), pages 1857-1897, August.
  85. 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.
  86. Pearce, David G. & Stacchetti, Ennio, 1998. "The Interaction of Implicit and Explicit Contracts in Repeated Agency," Games and Economic Behavior, Elsevier, vol. 23(1), pages 75-96, April.
  87. Chris Bidner & Patrick Francois & Francesco Trebbi, 2014. "A Theory of Minimalist Democracy," NBER Working Papers 20552, National Bureau of Economic Research, Inc.
  88. Olivier Dagnelie, 2008. "Inequality and a Repeated Joint Project," Working Papers 344, Barcelona School of Economics.
  89. David A. Miller & Joel Watson, 2023. "An Active-Contracting Perspective on Equilibrium Selection in Relational Contracts," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 179(3-4), pages 530-561.
  90. Pecorino, Paul, 1999. "The effect of group size on public good provision in a repeated game setting," Journal of Public Economics, Elsevier, vol. 72(1), pages 121-134, April.
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  92. Debraj Ray & Rajiv Vohra, 2024. "Nash Bargaining with Coalitional Threats," Working Papers 2024-001, Brown University, Department of Economics.
  93. Giovanni Maggi, 1999. "The Role of Multilateral Institutions in International Trade Cooperation," American Economic Review, American Economic Association, vol. 89(1), pages 190-214, March.
  94. Ambrus, Attila, 2009. "Theories of coalitional rationality," Journal of Economic Theory, Elsevier, vol. 144(2), pages 676-695, March.
  95. Timothy L. Sorenson, 2007. "Credible collusion in multimarket oligopoly," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 28(2), pages 115-128.
  96. Hans-Peter Weikard & Rob Dellink, 2014. "Sticks and carrots for the design of international climate agreements with renegotiations," Annals of Operations Research, Springer, vol. 220(1), pages 49-68, September.
  97. Dercon, Stefan & Bold, Tessa, 2014. "Insurance companies of the poor," CEPR Discussion Papers 10278, C.E.P.R. Discussion Papers.
  98. Prabal Roy Chowdhury, 2006. "Group-lending with sequential financing, contingent renewal and social capital," Discussion Papers 06-01, Indian Statistical Institute, Delhi.
  99. Klimenko, Mikhail & Ramey, Garey & Watson, Joel, 2008. "Recurrent trade agreements and the value of external enforcement," Journal of International Economics, Elsevier, vol. 74(2), pages 475-499, March.
  100. Tessa Bold & Tobias Broer, 2021. "Risk Sharing in Village Economies Revisited [Efficient Risk Sharing with Limited Commitment and Storage]," Journal of the European Economic Association, European Economic Association, vol. 19(6), pages 3207-3248.
  101. Zhao, Rui R., 2006. "Renegotiation-proof contract in repeated agency," Journal of Economic Theory, Elsevier, vol. 131(1), pages 263-281, November.
  102. Chandrasekher, Madhav, 2015. "Dynamically consistent voting rules," Journal of Economic Theory, Elsevier, vol. 160(C), pages 175-187.
  103. Milan Horniaček, 2014. "Expectations of Bailout and Collective Moral Hazard," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 8(1), pages 33-54, August.
  104. repec:ris:msuecw:2019_008 is not listed on IDEAS
  105. Kranz, Sebastian & Ohlendorf, Susanne, 2009. "Renegotiation-Proof Relational Contracts with Side Payments," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 259, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
  106. Anderberg, Dan & Balestrino, Alessandro, 2001. "Self-Enforcing Intergenerational Transfers and the Provision of Education," CEPR Discussion Papers 3107, C.E.P.R. Discussion Papers.
  107. Harbaugh, Rick & To, Ted, 2014. "Opportunistic discrimination," European Economic Review, Elsevier, vol. 66(C), pages 192-204.
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  109. Nieva, Ricardo, 2008. "Networks with Group Counterproposals," Coalition Theory Network Working Papers 42901, Fondazione Eni Enrico Mattei (FEEM).
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  111. Aramendia, Miguel & Wen, Quan, 2014. "Justifiable punishments in repeated games," Games and Economic Behavior, Elsevier, vol. 88(C), pages 16-28.
  112. repec:cte:werepe:2904 is not listed on IDEAS
  113. David G. Pearce, 1991. "Repeated Games: Cooperation and Rationality," Cowles Foundation Discussion Papers 983, Cowles Foundation for Research in Economics, Yale University.
  114. Goldlücke, Susanne & Kranz, Sebastian, 2017. "Reconciliating Relational Contracting and Hold-up: A Model of Repeated Negotiations," CEPR Discussion Papers 12540, C.E.P.R. Discussion Papers.
  115. Eliana La Ferrara, "undated". "Ethnicity and Reciprocity: A model of Credit Transactions in Ghana," Working Papers 193, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
  116. Akira Okada, 2018. "Non-cooperative Bargaining for Side Payments Contract," KIER Working Papers 983, Kyoto University, Institute of Economic Research.
  117. Kletzer, Kenneth M. & Wright, Brian D., 1998. "Sovereign Debt as Intertemporal Barter," Santa Cruz Department of Economics, Working Paper Series qt4qg3c42v, Department of Economics, UC Santa Cruz.
  118. Hans-Peter Weikard & Rob Dellink & Ekko Ierland, 2010. "Renegotiations in the Greenhouse," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 45(4), pages 573-596, April.
  119. Asheim, Geir B. & Froyn, Camilla Bretteville & Hovi, Jon & Menz, Fredric C., 2006. "Regional versus global cooperation for climate control," Journal of Environmental Economics and Management, Elsevier, vol. 51(1), pages 93-109, January.
  120. Natalia Kovrijnykh, 2008. "Debt Contracts with Short-Term Commitment," 2008 Meeting Papers 558, Society for Economic Dynamics.
  121. Rohan Pitchford & Mark L. J. Wright, 2013. "On the contribution of game theory to the study of sovereign debt and default," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 29(4), pages 649-667, WINTER.
  122. Harold L. Cole & Dirk Krueger & George J. Mailath & Yena Park, 2021. "Social Capital: A Double-Edged Sword," ECONtribute Discussion Papers Series 064, University of Bonn and University of Cologne, Germany.
  123. Spagnolo, Giancarlo & Blonski, Matthias, 2002. "Relational Contracts and Property Rights," CEPR Discussion Papers 3460, C.E.P.R. Discussion Papers.
  124. Ambrus, Attila, 2009. "Theories of Coalitional Rationality," Scholarly Articles 3204917, Harvard University Department of Economics.
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