A folk theorem for finitely repeated games with public monitoring
Résumé
We adapt the methods from Abreu, Pearce and Stacchetti (1990) to finitely repeated games with imperfect public monitoring. Under a combination of (a slight strengthening of) the assumptions of Benoît and Krishna (1985) and those of Fudenberg, Levine and Maskin (1994), a folk theorem follows. Three counterexamples show that our assumptions are tight.
Domaines
Economies et financesOrigine | Fichiers produits par l'(les) auteur(s) |
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