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Repeated Games With Imperfect Private Monitoring: Notes on a Coordination Perspective

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Author Info

  • Mailath, G.J.
  • Morris, S.

Abstract

In repeated games with imperfect public monitoring, players can use public signals to perfectly coordinate their behavior. Our study of repeated games with imperfect private monitoring focusses on the coordination problem that arises without public signals.

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Bibliographic Info

Paper provided by Australian National University - Department of Economics in its series Papers with number 349.

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Length: 27 pages
Date of creation: 1998
Date of revision:
Handle: RePEc:fth:aunaec:349

Contact details of provider:
Postal: THE AUSTRALIAN NATIONAL UNIVERSITY, DEPARTMENT OF ECONOMICS, RESEARCH SCHOOL of PACIFIC STUDIES, RESEARCH SCHOOL OF SOCIAL SCIENCES, G.P.O. 4, CANBERRA ACT 2601 AUSTRALIA..O. BOX 4 CANBERRA 2601 AUSTRALIA.
Web page: http://economics.anu.edu.au/economics.htm
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Related research

Keywords: GAME THEORY ; COORDINATION MECHANISMS ; NASH EQUILIBRIUM;

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Cited by:
  1. Ely, Jeffrey C. & Valimaki, Juuso, 2002. "A Robust Folk Theorem for the Prisoner's Dilemma," Journal of Economic Theory, Elsevier, vol. 102(1), pages 84-105, January.
  2. Bhaskar, V. & Damme, E.E.C. van, 2002. "Moral hazard and private monitoring," Open Access publications from Tilburg University urn:nbn:nl:ui:12-88790, Tilburg University.
  3. Bhaskar, V. & Obara, Ichiro, 2002. "Belief-Based Equilibria in the Repeated Prisoners' Dilemma with Private Monitoring," Journal of Economic Theory, Elsevier, vol. 102(1), pages 40-69, January.
  4. George J. Mailath & Larry Samuelson, . ""Your Reputation Is Who You're Not, Not Who You'd Like To Be''," CARESS Working Papres 98-11, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
  5. Ichiro Obara, . "The Repeated Prisoner's Dilemma with Private Monitoring: a N-player case," CARESS Working Papres 99-13, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.

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