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The Folk Theorems for Repeated Games - A Synthesis

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Author Info

  • Jean-Pierre Benoît

    (New York University)

  • Vijay Krishna

    (Penn State University)

Abstract

We present a synthesis of various folk theorems for repeated games.

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Bibliographic Info

Paper provided by University of Copenhagen. Department of Economics in its series Discussion Papers with number 96-03.

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Length: 34 pages
Date of creation: Apr 1996
Date of revision:
Handle: RePEc:kud:kuiedp:9603

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References

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  1. Abreu, Dilip & Dutta, Prajit K & Smith, Lones, 1994. "The Folk Theorem for Repeated Games: A NEU Condition," Econometrica, Econometric Society, vol. 62(4), pages 939-48, July.
  2. David Kreps & Paul Milgrom & John Roberts & Bob Wilson, 2010. "Rational Cooperation in the Finitely Repeated Prisoners' Dilemma," Levine's Working Paper Archive 239, David K. Levine.
  3. Kandori, Michihiro, 1992. "Repeated Games Played by Overlapping Generations of Players," Review of Economic Studies, Wiley Blackwell, vol. 59(1), pages 81-92, January.
  4. Smith, Lones, 1992. "Folk theorems in overlapping generations games," Games and Economic Behavior, Elsevier, vol. 4(3), pages 426-449, July.
  5. Smith, L., 1994. "Necessary and Sufficient Conditions for the Perfect Finite Horizon Folk Theorem," Working papers 94-17, Massachusetts Institute of Technology (MIT), Department of Economics.
  6. Cremer, Jacques, 1986. "Cooperation in Ongoing Organizations," The Quarterly Journal of Economics, MIT Press, vol. 101(1), pages 33-49, February.
  7. Drew Fudenberg & Eric Maskin, 1987. "On the Dispensability of Public Randomization in Discounted Repeated Games," Working papers 467, Massachusetts Institute of Technology (MIT), Department of Economics.
  8. Benoit, Jean-Pierre & Krishna, Vijay, 1985. "Finitely Repeated Games," Econometrica, Econometric Society, vol. 53(4), pages 905-22, July.
  9. Radner, Roy, 1980. "Collusive behavior in noncooperative epsilon-equilibria of oligopolies with long but finite lives," Journal of Economic Theory, Elsevier, vol. 22(2), pages 136-154, April.
  10. Martin J. Osborne & Ariel Rubinstein, 1994. "A Course in Game Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262650401, December.
  11. Bernheim B. Douglas & Dasgupta Aniruddha, 1995. "Repeated Games with Asymptotically Finite Horizons," Journal of Economic Theory, Elsevier, vol. 67(1), pages 129-152, October.
  12. Wen, Quan, 1994. "The "Folk Theorem" for Repeated Games with Complete Information," Econometrica, Econometric Society, vol. 62(4), pages 949-54, July.
  13. Robert J. Aumann & Lloyd S. Shapley, 1992. "Long Term Competition-A Game Theoretic Analysis," UCLA Economics Working Papers 676, UCLA Department of Economics.
  14. Gossner, Olivier, 1995. "The Folk Theorem for Finitely Repeated Games with Mixed Strategies," International Journal of Game Theory, Springer, vol. 24(1), pages 95-107.
  15. John Geanakoplos & Chien-fu Chou, 1988. "The Power of Commitment," Cowles Foundation Discussion Papers 885, Cowles Foundation for Research in Economics, Yale University.
  16. Sorin, Sylvain, 1992. "Repeated games with complete information," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 1, chapter 4, pages 71-107 Elsevier.
  17. Fudenberg, Drew & Maskin, Eric, 1986. "The Folk Theorem in Repeated Games with Discounting or with Incomplete Information," Econometrica, Econometric Society, vol. 54(3), pages 533-54, May.
  18. Rubinstein, Ariel, 1991. "Comments on the Interpretation of Game Theory," Econometrica, Econometric Society, vol. 59(4), pages 909-24, July.
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Citations

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Cited by:
  1. Conconi, Paola & Sahuguet, Nicolas, 2005. "Re-election Incentives and the Sustainability of International Cooperation," CEPR Discussion Papers 5401, C.E.P.R. Discussion Papers.
  2. Pierre von Mouche & Henk Folmer, 2007. "Linking of Repeated Games. When Does It Lead to More Cooperation and Pareto Improvements?," Working Papers 2007.60, Fondazione Eni Enrico Mattei.
  3. Gonzalez-Diaz, Julio, 2006. "Finitely repeated games: A generalized Nash folk theorem," Games and Economic Behavior, Elsevier, vol. 55(1), pages 100-111, April.

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