Arbeitspapier

In?nitely Repeated Games with Public Monitoring and Monetary Transfers

In this paper, we study in?nitely repeated games with imperfect public monitoring and the possibility of monetary transfers. We develop an effcient algorithm to compute the set of pure strategy public perfect equilibrium payoffs for each discount factor. We also show how all equilibrium payoffs can be implemented with a simple class of stationary equilibria that use stick-and-carrot punishments.

Language
Englisch

Bibliographic citation
Series: SFB/TR 15 Discussion Paper ; No. 332

Classification
Wirtschaft
Subject
Wiederholte Spiele
Gleichgewicht
Kontrolle
Geld
Theorie

Event
Geistige Schöpfung
(who)
Goldluecke, Susanne
Kranz, Sebastian
Event
Veröffentlichung
(who)
Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY)
(where)
München
(when)
2010

DOI
doi:10.5282/ubm/epub.13222
Handle
URN
urn:nbn:de:bvb:19-epub-13222-2
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Goldluecke, Susanne
  • Kranz, Sebastian
  • Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY)

Time of origin

  • 2010

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