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...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
The Econometric Society,
2018-03-16T20:19:43Z.
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Subjects: | |
Online Access: | Get fulltext |