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The Folk Theorems For Repeated Games: A Synthesis

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  • Benoit, Jean-Pierre
  • Krishna, Vijay

Abstract

We present a synthesis of the various folk theorems for repeated games.

Suggested Citation

  • Benoit, Jean-Pierre & Krishna, Vijay, 1996. "The Folk Theorems For Repeated Games: A Synthesis," Working Papers 96-08, C.V. Starr Center for Applied Economics, New York University.
  • Handle: RePEc:cvs:starer:96-08
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    8. John Geanakoplos & Chien-fu Chou, 1988. "The Power of Commitment," Cowles Foundation Discussion Papers 885, Cowles Foundation for Research in Economics, Yale University.
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    10. Drew Fudenberg & Eric Maskin, 2008. "The Folk Theorem In Repeated Games With Discounting Or With Incomplete Information," World Scientific Book Chapters, in: Drew Fudenberg & David K Levine (ed.), A Long-Run Collaboration On Long-Run Games, chapter 11, pages 209-230, World Scientific Publishing Co. Pte. Ltd..
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    13. Bernheim B. Douglas & Dasgupta Aniruddha, 1995. "Repeated Games with Asymptotically Finite Horizons," Journal of Economic Theory, Elsevier, vol. 67(1), pages 129-152, October.
    14. Smith, Lones, 1992. "Folk theorems in overlapping generations games," Games and Economic Behavior, Elsevier, vol. 4(3), pages 426-449, July.
    15. Abreu, Dilip & Dutta, Prajit K & Smith, Lones, 1994. "The Folk Theorem for Repeated Games: A NEU Condition," Econometrica, Econometric Society, vol. 62(4), pages 939-948, July.
    16. Smith, Lones, 1995. "Necessary and Sufficient Conditions for the Perfect Finite Horizon Folk Theorem," Econometrica, Econometric Society, vol. 63(2), pages 425-430, March.
    17. Gossner, Olivier, 1995. "The Folk Theorem for Finitely Repeated Games with Mixed Strategies," International Journal of Game Theory, Springer;Game Theory Society, vol. 24(1), pages 95-107.
    18. Pradeep Dubey, 1986. "Inefficiency of Nash Equilibria," Mathematics of Operations Research, INFORMS, vol. 11(1), pages 1-8, February.
    19. Benoit, Jean-Pierre & Krishna, Vijay, 1985. "Finitely Repeated Games," Econometrica, Econometric Society, vol. 53(4), pages 905-922, July.
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    Cited by:

    1. Gonzalez-Diaz, Julio, 2006. "Finitely repeated games: A generalized Nash folk theorem," Games and Economic Behavior, Elsevier, vol. 55(1), pages 100-111, April.
    2. Conconi, Paola & Sahuguet, Nicolas, 2009. "Policymakers' horizon and the sustainability of international cooperation," Journal of Public Economics, Elsevier, vol. 93(3-4), pages 549-558, April.
    3. Pierre von Mouche & Henk Folmer, 2007. "Linking of Repeated Games. When Does It Lead to More Cooperation and Pareto Improvements?," Working Papers 2007.60, Fondazione Eni Enrico Mattei.
    4. Conconi, Paola & Sahuguet, Nicolas, 2005. "Re-election Incentives and the Sustainability of International Cooperation," CEPR Discussion Papers 5401, C.E.P.R. Discussion Papers.

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    More about this item

    Keywords

    Folk theorems; repeated games;

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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