Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5058025 | Economics Letters | 2016 | 4 Pages |
Abstract
â¢Repeated Games with one-sided monitoring and two long-run player.â¢Two-sided Incomplete Information.â¢Reputation result: player with no monitoring device can secure a payoff close to her Stackelberg Payoff.
I analyze a repeated two-sided incomplete information game with two long-run players in which only one of them can observe the history of the game. Using standard reputation arguments, I prove that if players are sufficiently patient, then the player with no monitoring device can secure a payoff arbitrarily close to her Stackelberg payoff; providing a novel form of equilibrium selection.
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Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Daniel Monte,