刻画不等贴现下PPE收益的极限集

Characterizing the limit set of PPE payoffs with unequal discounting

Theoretical Economics · 2015
被引 7
人大 AABS 4

中文导读

研究了不完全公共监测和不等贴现的重复博弈,刻画了当贴现因子趋近于1且玩家相对耐心固定时完美公共均衡收益的极限集,并证明成对和个体满秩条件足以实现民间定理。

Abstract

We study repeated games with imperfect public monitoring and unequal discounting. We characterize the limit set of perfect and public equilibrium payoffs as discount factors converge to 1 with the relative patience between players fixed. We show that the pairwise and individual full rank conditions are sufficient for the folk theorem.

重复博弈不完全公共监督不等贴现极限支付集