Artikel

Characterizing the limit set of perfect and public equilibrium payoffs with unequal discounting

We study repeated games with imperfect public monitoring and unequal discounting. We characterize the limit set of perfect and public equilibrium payoffs as discount factors converge to 1 with the relative patience between players fixed. We show that the pairwise and individual full rank conditions are sufficient for the folk theorem.

Language
Englisch

Bibliographic citation
Journal: Theoretical Economics ; ISSN: 1555-7561 ; Volume: 10 ; Year: 2015 ; Issue: 3 ; Pages: 691-717 ; New Haven, CT: The Econometric Society

Classification
Wirtschaft
Noncooperative Games
Stochastic and Dynamic Games; Evolutionary Games; Repeated Games
Subject
Repeated games
unequal discounting
imperfect monitoring
folk theorem

Event
Geistige Schöpfung
(who)
Sugaya, Takuo
Event
Veröffentlichung
(who)
The Econometric Society
(where)
New Haven, CT
(when)
2015

DOI
doi:10.3982/TE1425
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Sugaya, Takuo
  • The Econometric Society

Time of origin

  • 2015

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