Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5061075 | Economics Letters | 2010 | 4 Pages |
Abstract
We investigate the value of delaying the punishment in private monitoring repeated games with almost-public information when players use a grim trigger strategy. If the effects of uncertainty and irreversibility are considered, the equilibrium set would change.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Shinichiro Takizawa,