Communication equilibrium payoffs in repeated games with imperfect monitoring

Abstract

We characterize the set of communication equilibrium payoffs of any undiscounted repeated matrix-game with imperfect monitoring and complete information. For two-player games, a characterization is provided by Mertens, Sorin, and Zamir (Repeated games, Part A (1994) CORE DP 9420), mainly using Lehrer’s (Math. Operations Res. (1992) 175) result for… (More)
DOI: 10.1016/j.geb.2003.12.005

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