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Imperfect Monitoring and Impermanent Reputations

Author

Listed:
  • Martin Cripps
  • George J Mailath
  • Larry Samuelson

Abstract

We study the long-run sustainability of reputations in games with imperfect public monitoring. It is impossible to maintain a permanent reputation for playing a strategy that does not play an equilibrium of the game without uncertainty about types. Thus, a player cannot indefinitely sustain a reputation for noncredible behavior in the presence of imperfect monitoring. Copyright The Econometric Society 2004.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Martin Cripps & George J Mailath & Larry Samuelson, 2010. "Imperfect Monitoring and Impermanent Reputations," Levine's Working Paper Archive 618897000000000060, David K. Levine.
  • Handle: RePEc:cla:levarc:618897000000000060
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    File URL: http://www.dklevine.com/archive/refs4618897000000000060.pdf
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    JEL classification:

    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory

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