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Some remarks on the folk theorem in game theory

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  • Kaneko, Mamoru

Abstract

It is argued that although the pathological multiplicity of Nash equilibria of super games stated by the folk theorem can be removed by introducing limited observations into super games with a continuum of players, the consideration of super games in terms of the Nash equilibrium concept involves a more fundamental and conceptual difficulty.
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  • Kaneko, Mamoru, 1982. "Some remarks on the folk theorem in game theory," Mathematical Social Sciences, Elsevier, vol. 3(3), pages 281-290, October.
    • Handle: RePEc:eee:matsoc:v:3:y:1982:i:3:p:281-290
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    Cited by:

    1. Berliant, Marcus, 2024. "Daily commuting," Research in Transportation Economics, Elsevier, vol. 103(C).
    2. Batlome Janjgava & Sergey Slobodyan, 2011. "Duopoly Competition, Escape Dynamics and Non-cooperative Collusion," CERGE-EI Working Papers wp445, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    3. Yasuhiro Shirata, 2020. "Evolution of a Collusive Price in a Networked Market," Dynamic Games and Applications, Springer, vol. 10(2), pages 528-554, June.
    4. Berliant, Marcus, 2011. "Repeated Commuting," MPRA Paper 28979, University Library of Munich, Germany.
    5. Barry G. Silverman & Gnana Bharathy & Benjamin Nye & Tony Smith, 2008. "Modeling factions for ‘effects based operations’, part II: behavioral game theory," Computational and Mathematical Organization Theory, Springer, vol. 14(2), pages 120-155, June.
    6. Lorenzo Rocco, 2007. "Anonymity in nonatomic games," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 54(2), pages 225-247, June.
    7. Forges, Francoise & Minelli, Enrico, 1997. "Self-Fulfilling Mechanisms and Rational Expectations," Journal of Economic Theory, Elsevier, vol. 75(2), pages 388-406, August.
    8. Giraud, Gael & Stahn, Hubert, 2003. "Efficiency and imperfect competition with incomplete markets," Journal of Mathematical Economics, Elsevier, vol. 39(5-6), pages 559-583, July.
    9. Gaël GIRAUD & Sonia WEYERS, 2003. "Strategic Market Games with a Finite Horizon and Incomplete," Working Papers of BETA 2003-04, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.

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