Imperfect Monitoring and Impermanent Reputations
研究在不完美公开监督的博弈中，声誉的长期可持续性。结论是，若策略本身不是无类型不确定性时的均衡，则无法永久维持声誉，即不完美监督下不可信行为无法无限持续。
We study the long-run sustainability of reputations in games with imperfect public monitoring. It is impossible to maintain a permanent reputation for playing a strategy that does not play an equilibrium of the game without uncertainty about types. Thus, a player cannot indefinitely sustain a reputation for noncredible behavior in the presence of imperfect monitoring. Copyright The Econometric Society 2004.