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Subgame–Perfect Equilibria of Finite– and Infinite–Horizon Games

In: A Long-Run Collaboration On Long-Run Games

Citations

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Cited by:

  1. Guilherme Carmona, 2005. "On Games Of Perfect Information: Equilibria, Ε–Equilibria And Approximation By Simple Games," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 7(04), pages 491-499.
  2. Mikhail Golosov & Larry E. Jones & Michèle Tertilt, 2007. "Efficiency with Endogenous Population Growth," Econometrica, Econometric Society, vol. 75(4), pages 1039-1071, July.
  3. David K. Levine, 1989. "Efficiency and the Value of Money," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 56(1), pages 77-88.
  4. Sugaya, Takuo & Wolitzky, Alexander, 2017. "Bounding equilibrium payoffs in repeated games with private monitoring," Theoretical Economics, Econometric Society, vol. 12(2), May.
  5. Pérez-Nievas, Mikel & Conde-Ruiz, José I. & Giménez, Eduardo L., 2019. "Efficiency and endogenous fertility," Theoretical Economics, Econometric Society, vol. 14(2), May.
  6. Blume, Andreas & Franco, April Mitchell, 2007. "Decentralized learning from failure," Journal of Economic Theory, Elsevier, vol. 133(1), pages 504-523, March.
  7. Méder, Zsombor Z. & Flesch, János & Peeters, Ronald, 2017. "Naiveté and sophistication in dynamic inconsistency," Mathematical Social Sciences, Elsevier, vol. 87(C), pages 40-54.
  8. Martin W. Cripps & George J. Mailath & Larry Samuelson, 2004. "Imperfect Monitoring and Impermanent Reputations," Econometrica, Econometric Society, vol. 72(2), pages 407-432, March.
  9. Carlos Pimienta & Cristian Litan, 2008. "Conditions for equivalence between sequentiality and subgame perfection," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 35(3), pages 539-553, June.
  10. Flavio Toxvaerd & Chryssi Giannitsarou, 2004. "Recursive global games," Money Macro and Finance (MMF) Research Group Conference 2003 104, Money Macro and Finance Research Group.
  11. Drew Fudenberg, 2006. "Advancing Beyond Advances in Behavioral Economics," Journal of Economic Literature, American Economic Association, vol. 44(3), pages 694-711, September.
  12. János Flesch & Jeroen Kuipers & Ayala Mashiah-Yaakovi & Gijs Schoenmakers & Eran Shmaya & Eilon Solan & Koos Vrieze, 2014. "Non-existence of subgame-perfect $$\varepsilon $$ ε -equilibrium in perfect information games with infinite horizon," International Journal of Game Theory, Springer;Game Theory Society, vol. 43(4), pages 945-951, November.
  13. Drew Fudenberg & David K. Levine, 2008. "Maintaining a Reputation when Strategies are Imperfectly Observed," World Scientific Book Chapters, in: Drew Fudenberg & David K Levine (ed.), A Long-Run Collaboration On Long-Run Games, chapter 8, pages 143-161, World Scientific Publishing Co. Pte. Ltd..
  14. Lipman, Barton L. & Wang, Ruqu, 2009. "Switching costs in infinitely repeated games," Games and Economic Behavior, Elsevier, vol. 66(1), pages 292-314, May.
  15. Carlos Alós-Ferrer & Klaus Ritzberger, 2017. "Characterizing existence of equilibrium for large extensive form games: a necessity result," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 63(2), pages 407-430, February.
  16. János Flesch & Arkadi Predtetchinski, 2016. "Subgame-perfect $$\epsilon $$ ϵ -equilibria in perfect information games with sigma-discrete discontinuities," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 61(3), pages 479-495, March.
  17. Drew Fudenberg & David K. Levine, 2008. "Continuous time limits of repeated games with imperfect public monitoring," World Scientific Book Chapters, in: Drew Fudenberg & David K Levine (ed.), A Long-Run Collaboration On Long-Run Games, chapter 17, pages 369-388, World Scientific Publishing Co. Pte. Ltd..
  18. Eric Bahel, 2018. "Cooperation and Subgame Perfect Equilibria in Global Pollution Problems with Critical Threshold," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 70(2), pages 457-481, June.
  19. Drew Fudenberg & David M. Kreps & Eric S. Maskin, 1990. "Repeated Games with Long-run and Short-run Players," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 57(4), pages 555-573.
  20. Guilherme Carmona, 2004. "On Games of Perfect Information: Equilibria, epsilon-Equilibria and Approximation by Simple Games," Game Theory and Information 0402002, University Library of Munich, Germany.
  21. Mailath, George J. & Postlewaite, Andrew & Samuelson, Larry, 2005. "Contemporaneous perfect epsilon-equilibria," Games and Economic Behavior, Elsevier, vol. 53(1), pages 126-140, October.
  22. Liang Mao, 2017. "Subgame perfect equilibrium in a bargaining model with deterministic procedures," Theory and Decision, Springer, vol. 82(4), pages 485-500, April.
  23. Heidhues, Paul & Rady, Sven & Strack, Philipp, 2015. "Strategic experimentation with private payoffs," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 531-551.
  24. Brown, Alexander L. & Velez, Rodrigo A., 2016. "The costs and benefits of symmetry in common-ownership allocation problems," Games and Economic Behavior, Elsevier, vol. 96(C), pages 115-131.
  25. Michael Ostrovsky, 2012. "Information Aggregation in Dynamic Markets With Strategic Traders," Econometrica, Econometric Society, vol. 80(6), pages 2595-2647, November.
  26. Cingiz, Kutay & Flesch, János & Herings, P. Jean-Jacques & Predtetchinski, Arkadi, 2016. "Doing it now, later, or never," Games and Economic Behavior, Elsevier, vol. 97(C), pages 174-185.
  27. Kuipers, J. & Flesch, J. & Schoenmakers, G.M. & Vrieze, K., 2008. "Pure subgame-perfect equilibria in free transition games," Research Memorandum 027, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
  28. Mao, Liang, 2015. "Subgame Perfect Equilibrium in a Bargaining Model with Deterministic Procedures," MPRA Paper 67859, University Library of Munich, Germany.
  29. Ji Ang & David Levinson, 2020. "A Review of Game Theory Models of Lane Changing," Working Papers 2022-01, University of Minnesota: Nexus Research Group.
  30. Maskin, Eric & Tirole, Jean, 2001. "Markov Perfect Equilibrium: I. Observable Actions," Journal of Economic Theory, Elsevier, vol. 100(2), pages 191-219, October.
  31. János Flesch & P. Jean-Jacques Herings & Jasmine Maes & Arkadi Predtetchinski, 2021. "Subgame Maxmin Strategies in Zero-Sum Stochastic Games with Tolerance Levels," Dynamic Games and Applications, Springer, vol. 11(4), pages 704-737, December.
  32. Méder, Z.Z. & Flesch, J. & Peeters, R.J.A.P., 2012. "Optimal choice for finite and infinite horizons," Research Memorandum 024, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
  33. Drew Fudenberg & David Levine, 2008. "Limit Games and Limit Equilibria," World Scientific Book Chapters, in: Drew Fudenberg & David K Levine (ed.), A Long-Run Collaboration On Long-Run Games, chapter 2, pages 21-39, World Scientific Publishing Co. Pte. Ltd..
  34. Echenique, Federico, 2004. "Extensive-form games and strategic complementarities," Games and Economic Behavior, Elsevier, vol. 46(2), pages 348-364, February.
  35. Kalai, Ehud & Stanford, William, 1988. "Finite Rationality and Interpersonal Complexity in Repeated Games," Econometrica, Econometric Society, vol. 56(2), pages 397-410, March.
  36. Vincent Anesi, 2018. "Dynamic Legislative Policy Making under Adverse Selection," Discussion Papers 2018-08, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
  37. Hannu Salonen, 2010. "On the existence of Nash equilibria in large games," International Journal of Game Theory, Springer;Game Theory Society, vol. 39(3), pages 351-357, July.
  38. Efe A Ok & Yusufcan Masatlioglu, 2003. "A General Theory of Time Preferences," Levine's Bibliography 234936000000000089, UCLA Department of Economics.
  39. Chakrabarti, S. K., 1999. "Finite and infinite action dynamic games with imperfect information1," Journal of Mathematical Economics, Elsevier, vol. 32(2), pages 243-266, October.
  40. Drew Fudenberg & David K. Levine, 2008. "An Approximate Folk Theorem with Imperfect Private Information," World Scientific Book Chapters, in: Drew Fudenberg & David K Levine (ed.), A Long-Run Collaboration On Long-Run Games, chapter 14, pages 309-330, World Scientific Publishing Co. Pte. Ltd..
  41. Velez, Rodrigo A., 2015. "Sincere and sophisticated players in an equal-income market," Journal of Economic Theory, Elsevier, vol. 157(C), pages 1114-1129.
  42. Monte, Daniel, 2016. "Reputation with one-sided monitoring: Ignorance as a commitment device," Economics Letters, Elsevier, vol. 144(C), pages 18-21.
  43. Simina Br^anzei & Yuval Peres, 2019. "Multiplayer Bandit Learning, from Competition to Cooperation," Papers 1908.01135, arXiv.org, revised Jan 2024.
  44. Herings, P. Jean-Jacques & Predtetchinski, Arkadi, 2021. "Simple collective equilibria in stopping games," Journal of Mathematical Economics, Elsevier, vol. 95(C).
  45. Guéron, Yves & Lamadon, Thibaut & Thomas, Caroline D., 2011. "On the folk theorem with one-dimensional payoffs and different discount factors," Games and Economic Behavior, Elsevier, vol. 73(1), pages 287-295, September.
  46. Harry Pei, 2020. "Reputation for Playing Mixed Actions: A Characterization Theorem," Papers 2006.16206, arXiv.org, revised Apr 2021.
  47. Anesi, Vincent, 2010. "Noncooperative foundations of stable sets in voting games," Games and Economic Behavior, Elsevier, vol. 70(2), pages 488-493, November.
  48. Bergemann, Dirk & Valimaki, Juuso, 2006. "Dynamic price competition," Journal of Economic Theory, Elsevier, vol. 127(1), pages 232-263, March.
  49. Sandroni, Alvaro, 1998. "Does Rational Learning Lead to Nash Equilibrium in Finitely Repeated Games?," Journal of Economic Theory, Elsevier, vol. 78(1), pages 195-218, January.
  50. Andreas Blume & April Franco, 2002. "Learning from failure," Staff Report 299, Federal Reserve Bank of Minneapolis.
  51. János Flesch & P. Jean-Jacques Herings & Jasmine Maes & Arkadi Predtetchinski, 2022. "Individual upper semicontinuity and subgame perfect $$\epsilon $$ ϵ -equilibria in games with almost perfect information," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(2), pages 695-719, April.
  52. Manea, Mihai, 2017. "Bargaining in dynamic markets," Games and Economic Behavior, Elsevier, vol. 104(C), pages 59-77.
  53. Mitri Kitti, 2013. "Conditional Markov equilibria in discounted dynamic games," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 78(1), pages 77-100, August.
  54. Drew Fudenberg & David K. Levine & Jean Tirole, 1985. "Infinite-Horizon Models of Bargaining with One-Sided Incomplete Information," Levine's Working Paper Archive 1098, David K. Levine.
  55. Aoyagi, Masaki, 1998. "Mutual Observability and the Convergence of Actions in a Multi-Person Two-Armed Bandit Model," Journal of Economic Theory, Elsevier, vol. 82(2), pages 405-424, October.
  56. Levine, David K., 1991. "Asset trading mechanisms and expansionary policy," Journal of Economic Theory, Elsevier, vol. 54(1), pages 148-164, June.
  57. Levine, David K., 1989. "Infinite horizon equilibrium with incomplete markets," Journal of Mathematical Economics, Elsevier, vol. 18(4), pages 357-376, September.
  58. Subir K Chakrabarti, 1987. "Infinite Horizon Games With Perfect Equilibrium Points," Discussion Papers 742, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  59. Roy Lothan & Noa Gutman & Dan Yamin, 2022. "Country versus pharmaceutical company interests for hepatitis C treatment," Health Care Management Science, Springer, vol. 25(4), pages 725-749, December.
  60. Drew Fudenberg & David K. Levine, 2008. "Reputation And Equilibrium Selection In Games With A Patient Player," World Scientific Book Chapters, in: Drew Fudenberg & David K Levine (ed.), A Long-Run Collaboration On Long-Run Games, chapter 7, pages 123-142, World Scientific Publishing Co. Pte. Ltd..
  61. Drew Fudenberg & David K. Levine, 1988. "Open and Closed-Loop Equilibria in Dynamic Games With Many Players," Levine's Working Paper Archive 221, David K. Levine.
  62. Kuipers, J. & Flesch, J. & Schoenmakers, G. & Vrieze, K., 2009. "Pure subgame-perfect equilibria in free transition games," European Journal of Operational Research, Elsevier, vol. 199(2), pages 442-447, December.
  63. Drew Fudenberg & David K. Levine & Paul Ruud, 1984. "Strike Activity, Wage Settlements and Rationality," Levine's Working Paper Archive 2205, David K. Levine.
  64. Francesco Caruso & Maria Carmela Ceparano & Jacqueline Morgan, 2022. "Asymptotic Behavior of Subgame Perfect Nash Equilibria in Stackelberg Games," CSEF Working Papers 661, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
  65. Sekiguchi, Tadashi, 1997. "Efficiency in Repeated Prisoner's Dilemma with Private Monitoring," Journal of Economic Theory, Elsevier, vol. 76(2), pages 345-361, October.
  66. Krishnamurthy Iyer & Ramesh Johari & Ciamac C. Moallemi, 2014. "Information Aggregation and Allocative Efficiency in Smooth Markets," Management Science, INFORMS, vol. 60(10), pages 2509-2524, October.
  67. Gabriele Gratton & Richard Holden & Barton E Lee, 2022. "Political Capital [“Formal and Real Authority in Organizations]," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 38(3), pages 632-674.
  68. Fernando Vega Redondo, 1993. "Industrial Dynamics, Path-Dependence And Technological Change," Working Papers. Serie AD 1993-04, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  69. Alós-Ferrer, Carlos & Ritzberger, Klaus, 2017. "Does backwards induction imply subgame perfection?," Games and Economic Behavior, Elsevier, vol. 103(C), pages 19-29.
  70. Marco Celentani & Drew Fudenberg & David K. Levine & Wolfgang Pesendorfer, 2008. "Maintaining A Reputation Against A Long-Lived Opponent," World Scientific Book Chapters, in: Drew Fudenberg & David K Levine (ed.), A Long-Run Collaboration On Long-Run Games, chapter 9, pages 163-176, World Scientific Publishing Co. Pte. Ltd..
  71. Jeroen Kuipers & János Flesch & Gijs Schoenmakers & Koos Vrieze, 2021. "Subgame perfection in recursive perfect information games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(2), pages 603-662, March.
  72. Flesch, Janos & Herings, P. Jean-Jacques & Maes, Jasmine & Predtetchinski, Arkadi, 2019. "Individual upper semicontinuity and subgame perfect ϵ-equilibria in games with almost perfect information," Research Memorandum 002, Maastricht University, Graduate School of Business and Economics (GSBE).
  73. Duvocelle, Benoit & Flesch, János & Staudigl, Mathias & Vermeulen, Dries, 2022. "A competitive search game with a moving target," European Journal of Operational Research, Elsevier, vol. 303(2), pages 945-957.
  74. Takahashi, Satoru, 2005. "Infinite horizon common interest games with perfect information," Games and Economic Behavior, Elsevier, vol. 53(2), pages 231-247, November.
  75. Renault, Regis, 2000. "Privately Observed Time Horizons in Repeated Games," Games and Economic Behavior, Elsevier, vol. 33(1), pages 117-125, October.
  76. Weinstein, Jonathan & Yildiz, Muhamet, 2017. "Interim correlated rationalizability in infinite games," Journal of Mathematical Economics, Elsevier, vol. 72(C), pages 82-87.
  77. János Flesch & Arkadi Predtetchinski, 2017. "A Characterization of Subgame-Perfect Equilibrium Plays in Borel Games of Perfect Information," Mathematics of Operations Research, INFORMS, vol. 42(4), pages 1162-1179, November.
  78. Alós-Ferrer, Carlos & Ritzberger, Klaus, 2021. "Multi-lateral strategic bargaining without stationarity," Journal of Mathematical Economics, Elsevier, vol. 97(C).
  79. Mariotti, Thomas, 2000. "Subgame-perfect equilibrium outcomes in continuous games of almost perfect information1," Journal of Mathematical Economics, Elsevier, vol. 34(1), pages 99-128, August.
  80. He, Wei & Sun, Yeneng, 2015. "Dynamic Games with Almost Perfect Information," MPRA Paper 63345, University Library of Munich, Germany.
  81. Barton L. Lipman & Ruqu Wang, 2006. "Switching Costs in Infinitely Repeated Games1," Boston University - Department of Economics - Working Papers Series WP2006-003, Boston University - Department of Economics.
  82. González Pimienta,Carlos & Litan, Cristian M., 2005. "On the equivalence between subgame perfection and sequentiality," UC3M Working papers. Economics we052616, Universidad Carlos III de Madrid. Departamento de Economía.
  83. Vega-Redondo, Fernando, 1997. "Shaping long-run expectations in problems of coordination," European Journal of Political Economy, Elsevier, vol. 13(4), pages 783-806, December.
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  89. János Flesch & Arkadi Predtetchinski, 2016. "Subgame-Perfect ϵ-Equilibria in Perfect Information Games with Common Preferences at the Limit," Mathematics of Operations Research, INFORMS, vol. 41(4), pages 1208-1221, November.
  90. He, Wei & Sun, Yeneng, 2020. "Dynamic games with (almost) perfect information," Theoretical Economics, Econometric Society, vol. 15(2), May.
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