Zero Sum Games
Thread and Full Text View
I was wondering if there are any results characterizing the set of perfect public equilibrium payoff profiles in repeated games with two (long-run) players, imperfect public observations, AND FIXED DISCOUNT FACTOR STRICTLY SMALLER THAN ONE. I know about the folk theorem (Fudenberg, Levine, Maskin :1994) that characterizes the case when delta -> 1, However, for a fixed delta, is there any way of computing the set E(delta) of PPE payoff profiles?
|09/03/2006 11:36 AM by Radu Jurca; set of perfect public equilibria in repeated games|
PS. Is the set E(delta) convex?
Radu Jurca [Manage messages]