Artikel

Common learning and cooperation in repeated games

We study repeated games in which players learn the unknown state of the world by observing a sequence of noisy private signals. We find that for generic signal distributions, the folk theorem obtains using ex-post equilibria. In our equilibria, players commonly learn the state, that is, the state becomes asymptotic common knowledge.

Language
Englisch

Bibliographic citation
Journal: Theoretical Economics ; ISSN: 1555-7561 ; Volume: 15 ; Year: 2020 ; Issue: 3 ; Pages: 1175-1219 ; New Haven, CT: The Econometric Society

Classification
Wirtschaft
Noncooperative Games
Stochastic and Dynamic Games; Evolutionary Games; Repeated Games
Subject
Repeated game
private monitoring
incomplete information
ex-post equilibrium
individual learning

Event
Geistige Schöpfung
(who)
Sugaya, Takuo
Yamamoto, Yuichi
Event
Veröffentlichung
(who)
The Econometric Society
(where)
New Haven, CT
(when)
2020

DOI
doi:10.3982/TE3820
Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Sugaya, Takuo
  • Yamamoto, Yuichi
  • The Econometric Society

Time of origin

  • 2020

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