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Efficiency and Observability with Long-Run and Short-Run Players

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Cited by:

  1. Sugaya, Takuo & Yamamoto, Yuichi, 2020. "Common learning and cooperation in repeated games," Theoretical Economics, Econometric Society, vol. 15(3), July.
  2. Drew Fudenberg & David K. Levine & Satoru Takahashi, 2008. "Perfect public equilibrium when players are patient," World Scientific Book Chapters, in: Drew Fudenberg & David K Levine (ed.), A Long-Run Collaboration On Long-Run Games, chapter 16, pages 345-367, World Scientific Publishing Co. Pte. Ltd..
  3. Hörner, Johannes & Takahashi, Satoru & Vieille, Nicolas, 2014. "On the limit perfect public equilibrium payoff set in repeated and stochastic games," Games and Economic Behavior, Elsevier, vol. 85(C), pages 70-83.
  4. Ely, Jeffrey & Fudenberg, Drew & Levine, David K., 2008. "When is reputation bad?," Games and Economic Behavior, Elsevier, vol. 63(2), pages 498-526, July.
  5. Compte, Olivier, 2002. "On Sustaining Cooperation without Public Observations," Journal of Economic Theory, Elsevier, vol. 102(1), pages 106-150, January.
  6. Tomala, Tristan, 2009. "Perfect communication equilibria in repeated games with imperfect monitoring," Games and Economic Behavior, Elsevier, vol. 67(2), pages 682-694, November.
  7. Johannes H�rner & Satoru Takahashi & Nicolas Vieille, 2012. "On the Limit Equilibrium Payoff Set in Repeated and Stochastic Games," Working Papers 1397, Princeton University, Department of Economics, Econometric Research Program..
  8. Johannes Horner & Takuo Sugaya & Satoru Takahashi & Nicolas Vieille, 2009. "Recursive Methods in Discounted Stochastic Games: An Algorithm for delta Approaching 1 and a Folk Theorem," Cowles Foundation Discussion Papers 1742, Cowles Foundation for Research in Economics, Yale University, revised Aug 2010.
  9. Johannes Horner & Takuo Sugaya & Satoru Takahashi & Nicolas Vieille, 2010. "Recursive Methods in Discounted Stochastic Games: An Algorithm for ! ! 1 and a Folk Theorem," Working Papers 1264, Princeton University, Department of Economics, Econometric Research Program..
  10. Cripps, Martin W. & Mailath, George J. & Samuelson, Larry, 2007. "Disappearing private reputations in long-run relationships," Journal of Economic Theory, Elsevier, vol. 134(1), pages 287-316, May.
  11. Mike Farjam & Marco Faillo & Ida Sprinkhuizen-Kuyper & Pim Haselager, 2015. "Punishment Mechanisms and Their Effect on Cooperation: A Simulation Study," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 18(1), pages 1-5.
  12. Fudenberg, Drew & Olszewski, Wojciech, 2011. "Repeated games with asynchronous monitoring of an imperfect signal," Games and Economic Behavior, Elsevier, vol. 72(1), pages 86-99, May.
  13. Abito, Jose Miguel & Chen, Cuicui, 2023. "A partial identification framework for dynamic games," International Journal of Industrial Organization, Elsevier, vol. 87(C).
  14. Contou-Carrère, Pauline & Tomala, Tristan, 2011. "Finitely repeated games with semi-standard monitoring," Journal of Mathematical Economics, Elsevier, vol. 47(1), pages 14-21, January.
  15. Barron, Daniel, 2017. "Attaining efficiency with imperfect public monitoring and one-sided Markov adverse selection," Theoretical Economics, Econometric Society, vol. 12(3), September.
  16. Du, Chuang, 2012. "Solving payoff sets of perfect public equilibria: an example," MPRA Paper 38622, University Library of Munich, Germany.
  17. Yuichi Yamamoto, 2014. "We Can Cooperate Even When the Monitoring Structure Will Never Be Known," PIER Working Paper Archive 17-011, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 08 Apr 2017.
  18. Michihiro Kandori & Ichiro Obara, 2006. "Less is more: an observability paradox in repeated games," International Journal of Game Theory, Springer;Game Theory Society, vol. 34(4), pages 475-493, November.
  19. Laclau, M., 2014. "Communication in repeated network games with imperfect monitoring," Games and Economic Behavior, Elsevier, vol. 87(C), pages 136-160.
  20. Miyagawa, Eiichi & Miyahara, Yasuyuki & Sekiguchi, Tadashi, 2008. "The folk theorem for repeated games with observation costs," Journal of Economic Theory, Elsevier, vol. 139(1), pages 192-221, March.
  21. Behnud Mir Djawadi & René Fahr & Claus-Jochen Haake & Sonja Recker, 2018. "Maintaining vs. milking good reputation when customer feedback is inaccurate," PLOS ONE, Public Library of Science, vol. 13(11), pages 1-23, November.
  22. Jullien, Bruno & Park, In-Uck, 2019. "Communication, Feedbacks and Repeated Moral Hazard with Short-lived Buyers," TSE Working Papers 19-1027, Toulouse School of Economics (TSE), revised Apr 2020.
  23. Bonatti, Alessandro & Hörner, Johannes, 2017. "Career concerns with exponential learning," Theoretical Economics, Econometric Society, vol. 12(1), January.
  24. Robert Gazzale, 2005. "Giving Gossips Their Due: Information Provision in Games with Private Monitoring," Game Theory and Information 0508002, University Library of Munich, Germany.
  25. Marie Laclau & Tristan Tomala, 2016. "Repeated games with public information revisited," PSE Working Papers hal-01285326, HAL.
  26. Kobayashi, Hajime & Ohta, Katsunori & Sekiguchi, Tadashi, 2016. "Optimal sharing rules in repeated partnerships," Journal of Economic Theory, Elsevier, vol. 166(C), pages 311-323.
  27. Yannis Bakos & Chrysanthos Dellarocas, 2011. "Cooperation Without Enforcement? A Comparative Analysis of Litigation and Online Reputation as Quality Assurance Mechanisms," Management Science, INFORMS, vol. 57(11), pages 1944-1962, November.
  28. Obara, Ichiro, 2009. "Folk theorem with communication," Journal of Economic Theory, Elsevier, vol. 144(1), pages 120-134, January.
  29. Harrison Cheng, 2000. "Folk Theorem with One-sided Information," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 3(2), pages 338-363, April.
  30. Kuvalekar, Aditya & Lipnowski, Elliot & Ramos, João, 2022. "Goodwill in communication," Journal of Economic Theory, Elsevier, vol. 203(C).
  31. Yamamoto, Yuichi, 2009. "A limit characterization of belief-free equilibrium payoffs in repeated games," Journal of Economic Theory, Elsevier, vol. 144(2), pages 802-824, March.
  32. Sharma, Priyanka, 2017. "Is more information always better? A case in credit markets," Journal of Economic Behavior & Organization, Elsevier, vol. 134(C), pages 269-283.
  33. , H. & ,, 2016. "Approximate efficiency in repeated games with side-payments and correlated signals," Theoretical Economics, Econometric Society, vol. 11(1), January.
  34. Fong, Yuk-fai & Li, Jin, 2017. "Relational contracts, limited liability, and employment dynamics," Journal of Economic Theory, Elsevier, vol. 169(C), pages 270-293.
  35. Lehrer, Ehud & Solan, Eilon, 2018. "High frequency repeated games with costly monitoring," Theoretical Economics, Econometric Society, vol. 13(1), January.
  36. Zhao, Rui R., 2009. "Productive low morale," Economics Letters, Elsevier, vol. 103(1), pages 18-22, April.
  37. Ekmekci, Mehmet, 2011. "Sustainable reputations with rating systems," Journal of Economic Theory, Elsevier, vol. 146(2), pages 479-503, March.
  38. Jérôme Renault & Tristan Tomala, 2011. "General Properties of Long-Run Supergames," Dynamic Games and Applications, Springer, vol. 1(2), pages 319-350, June.
  39. Kanczuk, Fabio, 2000. "The Political Economy of Non Convergence," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 20(2), November.
  40. Laclau, Marie & Tomala, Tristan, 2017. "Repeated games with public deterministic monitoring," Journal of Economic Theory, Elsevier, vol. 169(C), pages 400-424.
  41. Yuichi Yamamoto, 2014. "Stochastic Games with Hidden States, Second Version," PIER Working Paper Archive 15-019, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Jun 2015.
  42. Hörner, Johannes & Takahashi, Satoru, 2016. "How fast do equilibrium payoff sets converge in repeated games?," Journal of Economic Theory, Elsevier, vol. 165(C), pages 332-359.
  43. Hino, Yoshifumi, 2019. "An efficiency result in a repeated prisoner’s dilemma game under costly observation with nonpublic randomization," Mathematical Social Sciences, Elsevier, vol. 101(C), pages 47-53.
  44. David Hugh-Jones & Ro’i Zultan, 2013. "Reputation and Cooperation in Defense," Journal of Conflict Resolution, Peace Science Society (International), vol. 57(2), pages 327-355, April.
  45. Burkhard Schipper, 2011. "Strategic Control of Myopic Best Reply in Repeated Games," Working Papers 284, University of California, Davis, Department of Economics.
  46. Fudenberg, Drew & Yamamoto, Yuichi, 2011. "Learning from private information in noisy repeated games," Journal of Economic Theory, Elsevier, vol. 146(5), pages 1733-1769, September.
  47. Fudenberg, Drew & Yamamoto, Yuichi, 2011. "The folk theorem for irreducible stochastic games with imperfect public monitoring," Journal of Economic Theory, Elsevier, vol. 146(4), pages 1664-1683, July.
  48. Bhattacharya, Vivek & Manuelli, Lucas & Straub, Ludwig, 2018. "Imperfect public monitoring with a fear of signal distortion," Journal of Economic Theory, Elsevier, vol. 175(C), pages 1-37.
  49. Sonin, Konstantin & Egorov, Georgy, 2005. "The Killing Game: Reputation and Knowledge in Non-Democratic Succession," CEPR Discussion Papers 5092, C.E.P.R. Discussion Papers.
  50. Drew Fudenberg & David K. Levine, 2008. "Continuous time limits of repeated games with imperfect public monitoring," World Scientific Book Chapters, in: Drew Fudenberg & David K Levine (ed.), A Long-Run Collaboration On Long-Run Games, chapter 17, pages 369-388, World Scientific Publishing Co. Pte. Ltd..
  51. Sugaya, Takuo & Takahashi, Satoru, 2013. "Coordination failure in repeated games with private monitoring," Journal of Economic Theory, Elsevier, vol. 148(5), pages 1891-1928.
  52. Burkhard C. Schipper, 2019. "Dynamic Exploitation of Myopic Best Response," Dynamic Games and Applications, Springer, vol. 9(4), pages 1143-1167, December.
  53. Chrysanthos Dellarocas, 2005. "Reputation Mechanism Design in Online Trading Environments with Pure Moral Hazard," Information Systems Research, INFORMS, vol. 16(2), pages 209-230, June.
  54. Li, Rui, 2010. "Sufficient communication in repeated games with imperfect private monitoring," Economics Letters, Elsevier, vol. 108(3), pages 322-326, September.
  55. Osório António M., 2012. "A Folk Theorem for Games when Frequent Monitoring Decreases Noise," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 12(1), pages 1-27, April.
  56. Renault, Jérôme & Solan, Eilon & Vieille, Nicolas, 2013. "Dynamic sender–receiver games," Journal of Economic Theory, Elsevier, vol. 148(2), pages 502-534.
  57. Harry Pei, 2020. "Repeated Communication with Private Lying Cost," Papers 2006.08069, arXiv.org.
  58. Mehar, Ayub, 2008. "National trade associations, economic development and globalization," MPRA Paper 18590, University Library of Munich, Germany, revised 17 Sep 2008.
  59. Renault, Jérôme & Scarlatti, Sergio & Scarsini, Marco, 2008. "Discounted and finitely repeated minority games with public signals," Mathematical Social Sciences, Elsevier, vol. 56(1), pages 44-74, July.
  60. Osório-Costa, António M., 2009. "Efficiency Gains in Repeated Games at Random Moments in Time," MPRA Paper 13105, University Library of Munich, Germany.
  61. Kandori Michihiro, 2003. "Randomization, Communication, and Efficiency in Repeated Games with Imperfect Public Monitoring," Econometrica, Econometric Society, vol. 71(1), pages 345-353, January.
  62. Noda, Shunya, 2019. "Full surplus extraction and within-period ex post implementation in dynamic environments," Theoretical Economics, Econometric Society, vol. 14(1), January.
  63. Cheng, Harrison, 2001. "Cournot outcome and optimal collusion: an example," Economics Letters, Elsevier, vol. 74(1), pages 1-8, December.
  64. Chrysanthos Dellarocas, 2006. "How Often Should Reputation Mechanisms Update a Trader's Reputation Profile?," Information Systems Research, INFORMS, vol. 17(3), pages 271-285, September.
  65. Alexander Frankel & Michael Schwarz, 2014. "Experts And Their Records," Economic Inquiry, Western Economic Association International, vol. 52(1), pages 56-71, January.
  66. Yamamoto, Yuichi, 2012. "Characterizing belief-free review-strategy equilibrium payoffs under conditional independence," Journal of Economic Theory, Elsevier, vol. 147(5), pages 1998-2027.
  67. Mouraviev, Igor, 2006. "Private Observation, Tacit Collusion and Collusion with Communication," Working Paper Series 672, Research Institute of Industrial Economics.
  68. J. Aislinn Bohren, 2011. "Stochastic Games in Continuous Time: Persistent Actions in Long-Run Relationships, Second Version," PIER Working Paper Archive 14-033, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Aug 2014.
  69. Daehyun Kim & Ichiro Obara, 2023. "Asymptotic Value of Monitoring Structures in Stochastic Games," Papers 2308.09211, arXiv.org, revised Jul 2024.
  70. Dellarocas, Chrysanthos, 2003. "Efficiency and Robustness of Binary Feedback Mechanisms in Trading Environments with Moral Hazard," Working papers 4297-03, Massachusetts Institute of Technology (MIT), Sloan School of Management.
  71. Waknis, Parag, 2017. "Competitive Supply of Money in a New Monetarist Model," MPRA Paper 75401, University Library of Munich, Germany.
  72. Aramendia, Miguel & Wen, Quan, 2020. "Myopic perception in repeated games," Games and Economic Behavior, Elsevier, vol. 119(C), pages 1-14.
  73. Ichiro Obara, 2003. "Less is More: An Observability Paradox in Repeated Games (with M. Kandori)," UCLA Economics Online Papers 275, UCLA Department of Economics.
  74. Roman, Mihai Daniel, 2010. "A game theoretic approach of war with financial influences," MPRA Paper 38389, University Library of Munich, Germany.
  75. Dasgupta, Ani & Ghosh, Sambuddha, 2022. "Self-accessibility and repeated games with asymmetric discounting," Journal of Economic Theory, Elsevier, vol. 200(C).
  76. Yuichi Yamamoto, 2015. "Stochastic Games with Hidden States," PIER Working Paper Archive 15-007, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
  77. Tristan Tomala, 2013. "Belief-Free Communication Equilibria in Repeated Games," Mathematics of Operations Research, INFORMS, vol. 38(4), pages 617-637, November.
  78. Takuo Sugaya & Yuichi Yamamoto, 2019. "Common Learning and Cooperation in Repeated Games," PIER Working Paper Archive 19-008, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
  79. Kobayashi, Hajime & Ohta, Katsunori, 2012. "Optimal collusion under imperfect monitoring in multimarket contact," Games and Economic Behavior, Elsevier, vol. 76(2), pages 636-647.
  80. Jeffery Ely & Johannes Horner & Wojciech Olszewski, 2004. "Strategic Commitment Versus Flexibility in a Duopoloy with Entry and Exit," Discussion Papers 1381, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  81. Jérôme Renault & Marco Scarsini & Tristan Tomala, 2007. "A Minority Game with Bounded Recall," Mathematics of Operations Research, INFORMS, vol. 32(4), pages 873-889, November.
  82. Nuh Aygün Dalkıran, 2016. "Order of limits in reputations," Theory and Decision, Springer, vol. 81(3), pages 393-411, September.
  83. Compte, Olivier, 2002. "On Failing to Cooperate When Monitoring Is Private," Journal of Economic Theory, Elsevier, vol. 102(1), pages 151-188, January.
  84. Ichiro Obara, 2000. "Private Strategy and Efficiency: Repeated Partnership Games Revisited," Econometric Society World Congress 2000 Contributed Papers 1449, Econometric Society.
  85. Meng, Delong, 2021. "On the value of repetition for communication games," Games and Economic Behavior, Elsevier, vol. 127(C), pages 227-246.
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