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The Maximum Efficient Equilibrium Payoff in the Repeated Prisoners' Dilemma

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  • George J. Mailath
  • Ichiro Obara
  • Tadashi Sekiguchi

Abstract

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Suggested Citation

  • George J. Mailath & Ichiro Obara & Tadashi Sekiguchi, "undated". "The Maximum Efficient Equilibrium Payoff in the Repeated Prisoners' Dilemma," Penn CARESS Working Papers 83719e84b6825736ffcfdfacb, Penn Economics Department.
  • Handle: RePEc:cla:penntw:83719e84b6825736ffcfdfacb90facc5
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    File URL: http://www.econ.upenn.edu/Centers/CARESS/
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    2. Kimmo Berg & Gijs Schoenmakers, 2017. "Construction of Subgame-Perfect Mixed-Strategy Equilibria in Repeated Games," Games, MDPI, vol. 8(4), pages 1-14, November.
    3. Goldlücke, Susanne & Kranz, Sebastian, 2013. "Renegotiation-proof relational contracts," Games and Economic Behavior, Elsevier, vol. 80(C), pages 157-178.
    4. Goldlücke, Susanne & Kranz, Sebastian, 2012. "Infinitely repeated games with public monitoring and monetary transfers," Journal of Economic Theory, Elsevier, vol. 147(3), pages 1191-1221.
    5. Pedro Dal Bó, 2005. "Cooperation under the Shadow of the Future: Experimental Evidence from Infinitely Repeated Games," American Economic Review, American Economic Association, vol. 95(5), pages 1591-1604, December.
    6. Kimmo Berg & Mitri Kitti, 2013. "Computing Equilibria in Discounted 2 × 2 Supergames," Computational Economics, Springer;Society for Computational Economics, vol. 41(1), pages 71-88, January.
    7. Haag, Matthew & Lagunoff, Roger, 2007. "On the size and structure of group cooperation," Journal of Economic Theory, Elsevier, vol. 135(1), pages 68-89, July.
    8. Mihaela Schaar & Yuanzhang Xiao & William Zame, 2015. "Efficient outcomes in repeated games with limited monitoring," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 60(1), pages 1-34, September.
    9. Yuichi Yamamoto, 2010. "The use of public randomization in discounted repeated games," International Journal of Game Theory, Springer;Game Theory Society, vol. 39(3), pages 431-443, July.
    10. Kim, Daehyun & Morooka, Chihiro, 2025. "Characterizing the feasible payoff set of OLG repeated games," Journal of Mathematical Economics, Elsevier, vol. 116(C).
    11. Fong, Yuk-fai & Surti, Jay, 2009. "The optimal degree of cooperation in the repeated Prisoners' Dilemma with side payments," Games and Economic Behavior, Elsevier, vol. 67(1), pages 277-291, September.
    12. Kimmo Berg, 2017. "Extremal Pure Strategies and Monotonicity in Repeated Games," Computational Economics, Springer;Society for Computational Economics, vol. 49(3), pages 387-404, March.
    13. Hörner, Johannes & Takahashi, Satoru, 2016. "How fast do equilibrium payoff sets converge in repeated games?," Journal of Economic Theory, Elsevier, vol. 165(C), pages 332-359.
    14. Daehyun Kim & Chihiro Morooka, 2023. "Characterizing the Feasible Payoff Set of OLG Repeated Games," Papers 2303.12988, arXiv.org, revised Dec 2024.
    15. B. Douglas Bernheim & Erik Madsen, 2017. "Price Cutting and Business Stealing in Imperfect Cartels," American Economic Review, American Economic Association, vol. 107(2), pages 387-424, February.
    16. Mihaela van der Schaar & Yuanzhang Xiao & William Zame, 2013. "Designing Efficient Resource Sharing For Impatient Players Using Limited Monitoring," EIEF Working Papers Series 1320, Einaudi Institute for Economics and Finance (EIEF), revised Aug 2013.
    17. Dasgupta, Ani & Ghosh, Sambuddha, 2022. "Self-accessibility and repeated games with asymmetric discounting," Journal of Economic Theory, Elsevier, vol. 200(C).
    18. Kimmo Berg & Mitri Kitti, 2014. "Equilibrium Paths in Discounted Supergames," Discussion Papers 96, Aboa Centre for Economics.

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