The Folk Theorems for Repeated Games: A Synthesis
AbstractWe present a synthesis of the various folk theorems for repeated games using a model that accommodates both finitely and infinitely repeated games with discounting. We derive a central result for this model and show that the various folk theorems follow as a consequence. Our result encompasses theorems involving epsilon equilibria and incomplete information.
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Bibliographic InfoPaper provided by EconWPA in its series Game Theory and Information with number 9902001.
Length: 36 pages
Date of creation: 03 Feb 1999
Date of revision:
Note: Type of Document - LaTex; prepared on IBM PC/Scientific Workplace 3.0 ; to print on HP 4; pages: 36; figures: none. December 1998 version
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Folk Theorems; Repeated Games;
Other versions of this item:
- Benoit, Jean-Pierre & Krishna, Vijay, 1996. "The Folk Theorems For Repeated Games: A Synthesis," Working Papers 96-08, C.V. Starr Center for Applied Economics, New York University.
- Jean-Pierre Benoît & Vijay Krishna, 1996. "The Folk Theorems for Repeated Games - A Synthesis," Discussion Papers 96-03, University of Copenhagen. Department of Economics.
- Benoit, J.P. & Krishna, V., 1996. "The Folk Theorems for Repeated Games: A Synthesis," Papers 1-96-3, Pennsylvania State - Department of Economics.
- Jean-Pierre Benoit & Vijay Krishna, 1996. "The Folk Theorems for Repeated Games: A Synthesis," Game Theory and Information 9601001, EconWPA.
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
This paper has been announced in the following NEP Reports:
- NEP-ALL-1999-02-15 (All new papers)
- NEP-GTH-1999-02-15 (Game Theory)
- NEP-MIC-1999-02-15 (Microeconomics)
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