IDEAS home Printed from https://ideas.repec.org/a/spr/jogath/v28y1999i1p15-24.html
   My bibliography  Save this article

The Folk theorem for dominance solutions

Author

Listed:
  • Alexander Vasin

    (Moscow State University, Faculty of Computational Mathematics and Cybernetics, 119899 Moscow, Russia)

Abstract

The known variants of the Folk theorem characterize the sets of equilibria for repeated games. The present paper considers dominance solutions of finitely repeated games and discounted supergames with perturbed payoff functions. The paper shows that for a normal form game the set of dominance solution payoff vectors of the T-fold repetitions converges to the set of feasible and individually rational payoffs as T tends to infinity and the perturbation value tends to 0. A similar theorem is proved for supergames as the discount factor tends to 1.

Suggested Citation

  • Alexander Vasin, 1999. "The Folk theorem for dominance solutions," International Journal of Game Theory, Springer;Game Theory Society, vol. 28(1), pages 15-24.
  • Handle: RePEc:spr:jogath:v:28:y:1999:i:1:p:15-24
    Note: Received: May 1994/final version: September 1997
    as

    Download full text from publisher

    File URL: http://link.springer.de/link/service/journals/00182/papers/9028001/90280015.pdf
    Download Restriction: Access to the full text of the articles in this series is restricted
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Berliant, Marcus, 2020. "Daily commuting," MPRA Paper 100169, University Library of Munich, Germany.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:jogath:v:28:y:1999:i:1:p:15-24. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.