Efficiency in Games With Markovian Private Information
We study repeated Bayesian games with communication and observable actions in which the players' privately known payoffs evolve according to an irreducible Markov chain whose transitions are independent across players. Our main result implies that, generically, any Pareto-efficient payoff vecto...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
The Econometric Society,
2014-03-21T15:30:55Z.
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| Subjects: | |
| Online Access: | Get fulltext |