On Repeated Games with Incomplete Information and Signals
AbstractWe consider two-player repeated games with lack of information on one side: first, payoff matrices are chosen according to a known probability, and are only announced to one of the players called the informed player. Then, the game with the selected payoffs is infinitely repeated. We prove here the existence of a uniform equilibrium, in the case of imperfect monitoring where after each move the players receive some private, possibly random but state independent signal.
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Bibliographic InfoPaper provided by UniversitÃ© PanthÃ©on-Sorbonne (Paris 1) in its series Papiers d'Economie MathÃ©matique et Applications with number 97.72.
Length: 25 pages
Date of creation: 1997
Date of revision:
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GAMES ; INFORMATION;
Find related papers by JEL classification:
- C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
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