Bounding equilibrium payoffs in repeated games with private monitoring

We provide a simple sufficient condition for the existence of a recursive upper bound on (the Pareto frontier of) the sequential equilibrium payoff set at a fixed discount factor in two-player repeated games with imperfect private monitoring. The bounding set is the sequential equilibrium payoff set...

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Bibliographic Details
Main Authors: Sugaya, Takuo (Author), Wolitzky, Alexander G. (Contributor)
Other Authors: Massachusetts Institute of Technology. Department of Economics (Contributor)
Format: Article
Language:English
Published: The Econometric Society, 2018-03-16T20:19:43Z.
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