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Coordination Games With Vanishing Actions

Author

Listed:
  • G. SCHOENMAKERS

    (Department of Mathematics, Maastricht University, P.O. Box 616, 6200 MD Maastricht, The Netherlands)

  • J. FLESCH

    (Department of Mathematics, Maastricht University, P.O. Box 616, 6200 MD Maastricht, The Netherlands)

  • F. THUIJSMAN

    (Department of Mathematics, Maastricht University, P.O. Box 616, 6200 MD Maastricht, The Netherlands)

Abstract

We deal withn-player coordination games with vanishing actions, which are repeated games where all non-diagonal entries yield zero-payoffs, and where, moreover, at any stage beyondriany playeriloses any action that she has not used during the previousristages of play. For these games we examine the set of equilibrium rewards, where we treat the two-player case and the more player case separately. Folk-theorem like results are established.

Suggested Citation

  • G. Schoenmakers & J. Flesch & F. Thuijsman, 2002. "Coordination Games With Vanishing Actions," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 4(02), pages 119-126.
    • Handle: RePEc:wsi:igtrxx:v:04:y:2002:i:02:n:s0219198902000598
    DOI: 10.1142/S0219198902000598
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    Cited by:

    1. Reinoud Joosten & Robin Meijboom, 2010. "Stochastic games with endogenous transitions," Papers on Economics and Evolution 2010-24, Philipps University Marburg, Department of Geography.

    More about this item

    Keywords

    Repeated games; equilibrium; Folk theorem;
    All these keywords.

    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • C0 - Mathematical and Quantitative Methods - - General
    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

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