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Nonzero-Sum Two-Person Repeated Games with Incomplete Information

Author

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  • Sergiu Hart

    (Department of Statistics, School of Mathematical Sciences, Tel-Aviv University, 69978 Tel-Aviv, Israel)

Abstract

Characterization of all equilibria of nonzero-sum two-person repeated games with incomplete information, in the standard one-sided information case. Informally, each such equilibrium is described by a sequence of communications between the players (consisting of information transmission and coordination), leading to some individually rational agreement. Formally, the concept of a bi-martingale is introduced.

Suggested Citation

  • Sergiu Hart, 1985. "Nonzero-Sum Two-Person Repeated Games with Incomplete Information," Mathematics of Operations Research, INFORMS, vol. 10(1), pages 117-153, February.
  • Handle: RePEc:inm:ormoor:v:10:y:1985:i:1:p:117-153
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    File URL: http://dx.doi.org/10.1287/moor.10.1.117
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