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On Finitely Repeated Games and Pseudo-Nash Equilibria

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Author Info
Chien fu Chou
John Geanakoplos () (Cowles Foundation, Yale University)
Abstract

In this paper we propose a pseudo-Nash equilibrium for N-person games in which very simply we allow play in the last period to be arbitrary, but otherwise it must conform to the (perfect) Nash optimality criterion.

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File URL: http://cowles.econ.yale.edu/P/cd/d07b/d0777.pdf
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Publisher Info
Paper provided by Cowles Foundation, Yale University in its series Cowles Foundation Discussion Papers with number 777.

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Length: 28 pages
Date of creation: Oct 1985
Date of revision:
Handle: RePEc:cwl:cwldpp:777

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Postal: Cowles Foundation, Yale University, Box 208281, New Haven, CT 06520-8281 USA

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Related research
Keywords: Pseudo-Nash equilibrium; arbitrary last period play; overlapping generations economies; Radner's definition; "crazy equilibrium";

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