Testing threats in repeated games
AbstractI introduce a solution concept for infinite-horizon games, called ``Experimental Equilibrium``, in which players systematically test threats that affect their optimal response. Both the tests and the optimal response are part of equilibrium behavior.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Economic Theory.
Volume (Year): 121 (2005)
Issue (Month): 2 (April)
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Web page: http://www.elsevier.com/locate/inca/622869
Other versions of this item:
- Spiegler, R., 2001. "Testing Threats in Repeated Games," Papers 2001-28, Tel Aviv.
- Ran Spiegler, 2002. "Testing Threats in Repeated Games," NajEcon Working Paper Reviews 391749000000000445, www.najecon.org.
- Ran Spiegler, 2002. "Testing Threats in Repeated Games," Levine's Working Paper Archive 391749000000000445, David K. Levine.
- Ran Spiegler, 2001. "Testing Threats in Repeated Games," Economics Working Papers 0009, Institute for Advanced Study, School of Social Science.
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
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