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The Folk Theorems for Repeated Games - A Synthesis

Author

Listed:
  • Jean-Pierre Benoît

    (New York University)

  • Vijay Krishna

    (Penn State University)

Abstract

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

Suggested Citation

  • Jean-Pierre Benoît & Vijay Krishna, 1996. "The Folk Theorems for Repeated Games - A Synthesis," Discussion Papers 96-03, University of Copenhagen. Department of Economics.
    • Handle: RePEc:kud:kuiedp:9603
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    References listed on IDEAS

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    1. Kreps, David M. & Milgrom, Paul & Roberts, John & Wilson, Robert, 1982. "Rational cooperation in the finitely repeated prisoners' dilemma," Journal of Economic Theory, Elsevier, vol. 27(2), pages 245-252, August.
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    5. 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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    7. Smith, Lones, 1992. "Folk theorems in overlapping generations games," Games and Economic Behavior, Elsevier, vol. 4(3), pages 426-449, July.
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    14. Martin J. Osborne & Ariel Rubinstein, 1994. "A Course in Game Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262650401, December.
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    16. Radner, Roy, 1980. "Collusive behavior in noncooperative epsilon-equilibria of oligopolies with long but finite lives," Journal of Economic Theory, Elsevier, vol. 22(2), pages 136-154, April.
    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.
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    Cited by:

    1. 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.
    2. von Mouche, Pierre & Folmer, Henk, 2007. "Linking of Repeated Games. When Does It Lead to More Cooperation and Pareto Improvements?," Economic Theory and Applications Working Papers 9557, Fondazione Eni Enrico Mattei (FEEM).
    3. Sahuguet, Nicolas & Conconi, Paola, 2005. "Re-election Incentives and the Sustainability of International Cooperation," CEPR Discussion Papers 5401, C.E.P.R. Discussion Papers.
    4. Gonzalez-Diaz, Julio, 2006. "Finitely repeated games: A generalized Nash folk theorem," Games and Economic Behavior, Elsevier, vol. 55(1), pages 100-111, April.

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    More about this item

    JEL classification:

    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty

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