Folk Theorem with Communication
Abstract
This paper proves a new folk theorem for repeated games with private monitoring and communication, extending the idea of delayed communication in Compte [O. Compte, Communication in repeated games with imperfect private monitoring, Econometrica 66 (1998) 597-626] to the case where private signals are correlated. The sufficient condition for the folk theorem is generically satisfied with more than two players, even when other well-known conditions are not. The folk theorem also applies to some two-players repeated games.(This abstract was borrowed from another version of this item.)
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Paper provided by UCLA Department of Economics in its series Levine's Bibliography with number 784828000000000351.Length:
Date of creation: 14 Mar 2007
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Handle: RePEc:cla:levrem:784828000000000351
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Related research
Keywords:Other versions of this item:
- Obara, Ichiro, 2009. "Folk theorem with communication," Journal of Economic Theory, Elsevier, vol. 144(1), pages 120-134, January.
- Ichiro Obara, 2005. "Folk Theorem with Communication," UCLA Economics Online Papers 366, UCLA Department of Economics.
- NEP-ALL-2005-09-02 (All new papers)
- NEP-GTH-2005-09-02 (Game Theory)
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Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
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