Efficiency in Repeated Games Revisited: The Role of Private Strategies
Author
(This abstract was borrowed from another version of this item.)
Suggested Citation
Download full text from publisher
Other versions of this item:
- Michihiro Kandori & Ichiro Obara, 2006. "Efficiency in Repeated Games Revisited: The Role of Private Strategies," Econometrica, Econometric Society, vol. 74(2), pages 499-519, March.
- Michihiro Kandori & Ichiro Obara, 2003. "Efficiency in Repeated Games Revisited: The Role of Private Strategies," CIRJE F-Series CIRJE-F-255, CIRJE, Faculty of Economics, University of Tokyo.
- Michihiro Kandori & Ichiro Obara, 2004. "Efficiency in Repeated Games Revisited: The Role of Private Strategies," Levine's Bibliography 122247000000000055, UCLA Department of Economics.
References listed on IDEAS
- Obara Ichiro, 2008.
"The Full Surplus Extraction Theorem with Hidden Actions,"
The B.E. Journal of Theoretical Economics, De Gruyter, vol. 8(1), pages 1-28, March.
- Ichiro Obara, "undated". "The Full Surplus Extraction Theorem with Hidden Actions," UCLA Economics Online Papers 374, UCLA Department of Economics.
- Ichiro Obara, 2007. "The Full Surplus Extraction Theorem with Hidden Actions," Levine's Bibliography 843644000000000137, UCLA Department of Economics.
- Ichiro Obara, 2006. "The Full Surplus Extraction Theorem with Hidden Actions," Levine's Bibliography 122247000000001206, UCLA Department of Economics.
- Ichiro Obara, "undated".
"Endogenous Monitoring,"
UCLA Economics Online Papers
398, UCLA Department of Economics.
- Michihiro Kandori & Ichiro Obara, 2004. "Endogeous Monitoring," 2004 Meeting Papers 752, Society for Economic Dynamics.
- Kandori Michihiro, 2003.
"Randomization, Communication, and Efficiency in Repeated Games with Imperfect Public Monitoring,"
Econometrica, Econometric Society, vol. 71(1), pages 345-353, January.
- Michihiro Kandori, 2001. "Randomization, Communication and Efficiency in Repeated Games with Imperfect Public Monitoring," CIRJE F-Series CIRJE-F-139, CIRJE, Faculty of Economics, University of Tokyo.
- Green, Edward J & Porter, Robert H, 1984.
"Noncooperative Collusion under Imperfect Price Information,"
Econometrica, Econometric Society, vol. 52(1), pages 87-100, January.
- Green, Edward J. & Porter, Robert H., 1982. "Noncooperative Collusion Under Imperfect Price Information," Working Papers 367, California Institute of Technology, Division of the Humanities and Social Sciences.
- Edward J Green & Robert H Porter, 1997. "Noncooperative Collusion Under Imperfect Price Information," Levine's Working Paper Archive 1147, David K. Levine.
- Michihiro Kandori & Ichiro Obara, 2006.
"Less is more: an observability paradox in repeated games,"
International Journal of Game Theory, Springer;Game Theory Society, vol. 34(4), pages 475-493, November.
- Michihiro Kandori & Ichiro Obara, 2003. "Less is More: An Observability Paradox in Repeated Gamess," CIRJE F-Series CIRJE-F-246, CIRJE, Faculty of Economics, University of Tokyo.
- Michihiro Kandori & Ichiro Obara, 2006. "Less is more: An Observability Paradox in Repeated Games," Levine's Bibliography 321307000000000342, UCLA Department of Economics.
- Ely, Jeffrey C. & Valimaki, Juuso, 2002.
"A Robust Folk Theorem for the Prisoner's Dilemma,"
Journal of Economic Theory, Elsevier, vol. 102(1), pages 84-105, January.
- Jeffrey C. Ely & Juuso Valimaki, 1999. "A Robust Folk Theorem for the Prisoner's Dilemma," Discussion Papers 1264, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Jeffrey Ely, 2000. "A Robust Folk Theorem for the Prisoners' Dilemma," Econometric Society World Congress 2000 Contributed Papers 0210, Econometric Society.
- Mailath, George J. & Morris, Stephen, 2002.
"Repeated Games with Almost-Public Monitoring,"
Journal of Economic Theory, Elsevier, vol. 102(1), pages 189-228, January.
- George Mailath & Stephen Morris, "undated". "Repeated Games with Almost-Public Monitoring," Penn CARESS Working Papers 6bf0f633ff55148107994e092, Penn Economics Department.
- George J. Mailath & Stephen Morris, 2000. "Repeated Games with Almost-Public Monitoring," Econometric Society World Congress 2000 Contributed Papers 0661, Econometric Society.
- George J Mailath & Stephen Morris, 2001. "Repeated Games with Almost-Public Monitoring," NajEcon Working Paper Reviews 625018000000000257, www.najecon.org.
- George J. Mailath & Stephen Morris, 1999. "Repeated Games with Almost-Public Monitoring," Cowles Foundation Discussion Papers 1236, Cowles Foundation for Research in Economics, Yale University.
- George J Mailath & Stephen Morris, 2001. "Repeated Games with Almost-Public Monitoring," Levine's Working Paper Archive 625018000000000257, David K. Levine.
- George J Mailath & Stephen Morris, 1999. "Repeated Games with Almost Public Monitoring," Levine's Working Paper Archive 2107, David K. Levine.
- George J. Mailath & Stephen Morris, 1999. "Repeated Games with Almost-Public Monitoring," CARESS Working Papres almost-pub, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences, revised 01 Sep 2000.
- George Mailath & Stephen Morris, "undated". ""Repeated Games with Almost-Public Monitoring''," CARESS Working Papres 99-09, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
- Drew Fudenberg & David Levine & Eric Maskin, 2008.
"The Folk Theorem With Imperfect Public Information,"
World Scientific Book Chapters, in: Drew Fudenberg & David K Levine (ed.), A Long-Run Collaboration On Long-Run Games, chapter 12, pages 231-273,
World Scientific Publishing Co. Pte. Ltd..
- Fudenberg, Drew & Levine, David I & Maskin, Eric, 1994. "The Folk Theorem with Imperfect Public Information," Econometrica, Econometric Society, vol. 62(5), pages 997-1039, September.
- Fudenberg, D. & Levine, D.K. & Maskin, E., 1989. "The Folk Theorem With Inperfect Public Information," Working papers 523, Massachusetts Institute of Technology (MIT), Department of Economics.
- Drew Fudenberg & David K. Levine & Eric Maskin, 1994. "The Folk Theorem with Imperfect Public Information," Levine's Working Paper Archive 2058, David K. Levine.
- Drew Fudenberg & David K. Levine & Eric Maskin, 1994. "The Folk Theorem with Imperfect Public Information," Levine's Working Paper Archive 394, David K. Levine.
- Abreu, Dilip & Milgrom, Paul & Pearce, David, 1991.
"Information and Timing in Repeated Partnerships,"
Econometrica, Econometric Society, vol. 59(6), pages 1713-1733, November.
- David G. Pearce & Dilip Abreu & Paul R. Milgrom, 1988. "Information and Timing in Repeated Partnerships," Cowles Foundation Discussion Papers 875, Cowles Foundation for Research in Economics, Yale University.
- Dilip Abreu & Paul Milgrom & David Pearce, 1997. "Information and timing in repeated partnerships," Levine's Working Paper Archive 636, David K. Levine.
- Lehrer, Ehud, 1991.
"Internal Correlation in Repeated Games,"
International Journal of Game Theory, Springer;Game Theory Society, vol. 19(4), pages 431-456.
- Ehud Lehrer, 1988. "Internal Correlation in Repeated Games," Discussion Papers 800, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Kandori, Michihiro, 2002.
"Introduction to Repeated Games with Private Monitoring,"
Journal of Economic Theory, Elsevier, vol. 102(1), pages 1-15, January.
- Michihiro Kandori, 2001. "Introduction to Repeated Games with Private Monitoring," CIRJE F-Series CIRJE-F-114, CIRJE, Faculty of Economics, University of Tokyo.
- Roy Radner & Roger Myerson & Eric Maskin, 1986. "An Example of a Repeated Partnership Game with Discounting and with Uniformly Inefficient Equilibria," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 53(1), pages 59-69.
- Piccione, Michele, 2002. "The Repeated Prisoner's Dilemma with Imperfect Private Monitoring," Journal of Economic Theory, Elsevier, vol. 102(1), pages 70-83, January.
- Mailath George J. & Matthews Steven A. & Sekiguchi Tadashi, 2002.
"Private Strategies in Finitely Repeated Games with Imperfect Public Monitoring,"
The B.E. Journal of Theoretical Economics, De Gruyter, vol. 2(1), pages 1-23, June.
- George J. Mailath & Steven A. Matthews & Tadashi Sekiguchi, 2001. "Private Strategies in Finitely Repeated Games with Imperfect Public Monitoring," Penn CARESS Working Papers e7304519c6d1562163dbaf181, Penn Economics Department.
- Ichiro Obara, 2003. "Less is More: An Observability Paradox in Repeated Games (with M. Kandori)," UCLA Economics Online Papers 275, UCLA Department of Economics.
- Michihiro Kandori, 1999. "Check Your Partners' Behavior by Randomization: New Efficiency Results on Repeated Games with Imperfect Monitoring," CIRJE F-Series CIRJE-F-45, CIRJE, Faculty of Economics, University of Tokyo.
- Ichiro Obara, 2000. "Private Strategy and Efficiency: Repeated Partnership Games Revisited," Econometric Society World Congress 2000 Contributed Papers 1449, Econometric Society.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Ichiro Obara, 2004. "Efficiency in Repeated Games Revisited: The Role of Private Strategies (with M. Kandori)," UCLA Economics Online Papers 281, UCLA Department of Economics.
- Miyagawa, Eiichi & Miyahara, Yasuyuki & Sekiguchi, Tadashi, 2008.
"The folk theorem for repeated games with observation costs,"
Journal of Economic Theory, Elsevier, vol. 139(1), pages 192-221, March.
- Eiichi Miyagawa & Yasuyuki Miyahara & Tadashi Sekiguchi, 2004. "The Folk Theorem for Repeated Games with Observation Costs," KIER Working Papers 597, Kyoto University, Institute of Economic Research.
- Yasuyuki Miyahara & Tadashi Sekiguchi & Eiichi Miyagawa, 2007. "The Folk Theorem for Repeated Games with Observation Costs," 2007 Meeting Papers 751, Society for Economic Dynamics.
- , H. & ,, 2016. "Approximate efficiency in repeated games with side-payments and correlated signals," Theoretical Economics, Econometric Society, vol. 11(1), January.
- Ichiro Obara, 2000. "Private Strategy and Efficiency: Repeated Partnership Games Revisited," Econometric Society World Congress 2000 Contributed Papers 1449, Econometric Society.
- Hitoshi Matsushima, 2002. "Repeated Games with Correlated Private Monitoring and Secret Price Cuts," CIRJE F-Series CIRJE-F-154, CIRJE, Faculty of Economics, University of Tokyo.
- Michihiro Kandori, 2011.
"Weakly BeliefâFree Equilibria in Repeated Games With Private Monitoring,"
Econometrica, Econometric Society, vol. 79(3), pages 877-892, May.
- Michihiro Kandori, 2007. "Weakly Belief-Free Equilibria in Repeated Games with Private Monitoring," CIRJE F-Series CIRJE-F-491, CIRJE, Faculty of Economics, University of Tokyo.
- Ashkenazi-Golan, Galit & Lehrer, Ehud, 2019. "What you get is what you see: Cooperation in repeated games with observable payoffs," Journal of Economic Theory, Elsevier, vol. 181(C), pages 197-237.
- Mailath, George J. & Morris, Stephen, 2002.
"Repeated Games with Almost-Public Monitoring,"
Journal of Economic Theory, Elsevier, vol. 102(1), pages 189-228, January.
- George Mailath & Stephen Morris, "undated". ""Repeated Games with Almost-Public Monitoring''," CARESS Working Papres 99-09, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
- George J. Mailath & Stephen Morris, 2000. "Repeated Games with Almost-Public Monitoring," Econometric Society World Congress 2000 Contributed Papers 0661, Econometric Society.
- George J Mailath & Stephen Morris, 2001. "Repeated Games with Almost-Public Monitoring," NajEcon Working Paper Reviews 625018000000000257, www.najecon.org.
- George J. Mailath & Stephen Morris, 1999. "Repeated Games with Almost-Public Monitoring," CARESS Working Papres almost-pub, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences, revised 01 Sep 2000.
- George J. Mailath & Stephen Morris, 1999. "Repeated Games with Almost-Public Monitoring," Cowles Foundation Discussion Papers 1236, Cowles Foundation for Research in Economics, Yale University.
- George Mailath & Stephen Morris, "undated". "Repeated Games with Almost-Public Monitoring," Penn CARESS Working Papers 6bf0f633ff55148107994e092, Penn Economics Department.
- George J Mailath & Stephen Morris, 2001. "Repeated Games with Almost-Public Monitoring," Levine's Working Paper Archive 625018000000000257, David K. Levine.
- George J Mailath & Stephen Morris, 1999. "Repeated Games with Almost Public Monitoring," Levine's Working Paper Archive 2107, David K. Levine.
- Drew Fudenberg & David K. Levine, 2008.
"The Nash-threats folk theorem with communication and approximate common knowledge in two player games,"
World Scientific Book Chapters, in: Drew Fudenberg & David K Levine (ed.), A Long-Run Collaboration On Long-Run Games, chapter 15, pages 331-343,
World Scientific Publishing Co. Pte. Ltd..
- Fudenberg, Drew & Levine, David K., 2007. "The Nash-threats folk theorem with communication and approximate common knowledge in two player games," Journal of Economic Theory, Elsevier, vol. 132(1), pages 461-473, January.
- Drew Fudenberg & David K. Levine, 2002. "The Nash Threats Folk Theorem With Communication and Approximate Common Knowledge In Two Player Games," Harvard Institute of Economic Research Working Papers 1961, Harvard - Institute of Economic Research.
- Drew Fudenberg & David K Levine, 2004. "The Nash Threats Folk Theorem With Communication and Approximate Common Knowledge in Two Player Games," Levine's Working Paper Archive 618897000000000030, David K. Levine.
- Fudenberg, Drew & Levine, David, 2007. "The Nash-Threats Folk Theorem with Communication and Approximate Common Knowledge in Two Player Games," Scholarly Articles 3203772, Harvard University Department of Economics.
- Sugaya, Takuo & Yamamoto, Yuichi, 2020. "Common learning and cooperation in repeated games," Theoretical Economics, Econometric Society, vol. 15(3), July.
- Kandori, Michihiro, 2002.
"Introduction to Repeated Games with Private Monitoring,"
Journal of Economic Theory, Elsevier, vol. 102(1), pages 1-15, January.
- Michihiro Kandori, 2001. "Introduction to Repeated Games with Private Monitoring," CIRJE F-Series CIRJE-F-114, CIRJE, Faculty of Economics, University of Tokyo.
- Takuo Sugaya & Yuichi Yamamoto, 2019. "Common Learning and Cooperation in Repeated Games," PIER Working Paper Archive 19-008, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Ely, Jeffrey C. & Valimaki, Juuso, 2002.
"A Robust Folk Theorem for the Prisoner's Dilemma,"
Journal of Economic Theory, Elsevier, vol. 102(1), pages 84-105, January.
- Jeffrey C. Ely & Juuso Valimaki, 1999. "A Robust Folk Theorem for the Prisoner's Dilemma," Discussion Papers 1264, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Jeffrey Ely, 2000. "A Robust Folk Theorem for the Prisoners' Dilemma," Econometric Society World Congress 2000 Contributed Papers 0210, Econometric Society.
- Bhaskar, V. & Obara, Ichiro, 2002.
"Belief-Based Equilibria in the Repeated Prisoners' Dilemma with Private Monitoring,"
Journal of Economic Theory, Elsevier, vol. 102(1), pages 40-69, January.
- V. Bhaskar & Ichiro Obara, "undated". "Belief-Based Equilibria in the Repeated Prisoners' Dilemma with Private Monitoring," Penn CARESS Working Papers d93eb6f40c65728f9e1a7b114, Penn Economics Department.
- V. Bhaskar & Ichiro Obara, 2000. "Belief-Based Equilibria in the Repeated Prisoners' Dilemma with Private Monitoring," Econometric Society World Congress 2000 Contributed Papers 1330, Econometric Society.
- Yamamoto, Yuichi, 2012. "Characterizing belief-free review-strategy equilibrium payoffs under conditional independence," Journal of Economic Theory, Elsevier, vol. 147(5), pages 1998-2027.
- Paolo Crosetto & Alexia Gaudeul & Gerhard Riener, 2012.
"Partnerships, Imperfect Monitoring and Outside Options: Theory and Experimental Evidence,"
Jena Economics Research Papers
2012-052, Friedrich-Schiller-University Jena.
- Alexia Gaudeul & Paolo Crosetto & Gerhard Riener, 2014. "Fear of being left alone drives inefficient exit from partnerships. An experiment," Jena Economics Research Papers 2014-012, Friedrich-Schiller-University Jena.
- Alexia Gaudeul & Paolo Crosetto & Gerhard Riener, 2015. "Of the stability of partnerships when individuals have outside options, or why allowing exit is inefficient," Jena Economics Research Papers 2015-001, Friedrich-Schiller-University Jena.
- Gaudeul, A. & Crosetto, P. & Riener, G., 2014. "Fear of being left alone drives inefficient exit from partnerships. An experiment," Working Papers 2014-02, Grenoble Applied Economics Laboratory (GAEL).
- Kobayashi, Hajime & Ohta, Katsunori & Sekiguchi, Tadashi, 2016.
"Optimal sharing rules in repeated partnerships,"
Journal of Economic Theory, Elsevier, vol. 166(C), pages 311-323.
- Hajime Kobayashi & Katsunori Ohta & Tadashi Sekiguchi, 2008. "Optimal Sharing Rules in Repeated Partnerships," KIER Working Papers 650, Kyoto University, Institute of Economic Research.
- Yamamoto, Yuichi, 2009. "A limit characterization of belief-free equilibrium payoffs in repeated games," Journal of Economic Theory, Elsevier, vol. 144(2), pages 802-824, March.
- , J. & ,, 2006.
"Coordination failure in repeated games with almost-public monitoring,"
Theoretical Economics, Econometric Society, vol. 1(3), pages 311-340, September.
- George J. Mailath & Stephen Morris, 2004. "Coordination Failure in Repeated Games with Almost-Public Monitoring," Cowles Foundation Discussion Papers 1479R, Cowles Foundation for Research in Economics, Yale University, revised Mar 2005.
- Stephen Morris & George J Mailath, 2005. "Coordination Failure in Repeated Games with Almost-Public Monitoring," 2005 Meeting Papers 25, Society for Economic Dynamics.
- George J Mailath & Stephen Morris, 2006. "Coordination Failure in Repeated Games with Almost-Public Monitoring," Levine's Bibliography 122247000000001105, UCLA Department of Economics.
- George J. Mailath & Stephen Morris, 2005. "Coordination Failure in Repeated Games with Almost-Public Monitoring," Levine's Bibliography 122247000000000340, UCLA Department of Economics.
- George J. Mailath & Stephen Morris, 2004. "Coordination Failure in Repeated Games with Almost-Public Monitoring," PIER Working Paper Archive 05-014, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 23 Mar 2005.
- George J. Mailath & Stephen Morris, 2004. "Coordination Failure in Repeated Games with Almost-Public Monitoring," Cowles Foundation Discussion Papers 1479, Cowles Foundation for Research in Economics, Yale University.
- George J. Mailath & Stephen Morris, 2004. "Coordination Failure in Repeated Games with Almost-Public Monitoring," PIER Working Paper Archive 04-033, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Marco Battaglini & Stephen Coate, 2008.
"A Dynamic Theory of Public Spending, Taxation, and Debt,"
American Economic Review, American Economic Association, vol. 98(1), pages 201-236, March.
- Marco Battaglini & Stephen Coate, 2006. "A Dynamic Theory of Public Spending, Taxation and Debt," NBER Working Papers 12100, National Bureau of Economic Research, Inc.
- Stephen Coate & Marco Battaglini, 2007. "A Dynamic Theory of Public Spending, Taxation and Debt," 2007 Meeting Papers 573, Society for Economic Dynamics.
- Marco Battaglini & Stephen Coate, 2007. "A Dynamic Theory of Public Spending, Taxation and Debt," Discussion Papers 1441, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Marco Battaglini & Stephen Coate, 2006. "A Dynamic Theory of Public Spending, Taxation and Debt," NajEcon Working Paper Reviews 321307000000000026, www.najecon.org.
- Marco Battaglini & Steve Coate, 2006. "A Dynamic Theory of Public Spending, Taxation and Debt," Levine's Bibliography 122247000000001094, UCLA Department of Economics.
- Battaglini, Marco & Coate, Stephen, 2007. "A Dynamic Theory of Public Spending, Taxation and Debt," Working Papers 07-04, Cornell University, Center for Analytic Economics.
More about this item
NEP fields
This paper has been announced in the following NEP Reports:- NEP-GTH-2003-01-27 (Game Theory)
- NEP-IND-2003-02-03 (Industrial Organization)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cla:uclawp:826. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: David K. Levine (email available below). General contact details of provider: http://www.econ.ucla.edu/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.