# Reputation in Long-Run Relationships

@article{Atakan2012ReputationIL, title={Reputation in Long-Run Relationships}, author={Alp E. Atakan and Mehmet Ekmekci}, journal={The Review of Economic Studies}, year={2012}, volume={79}, pages={451-480} }

We model a long-run relationship as an infinitely repeated game played by two equally patient agents. In each period, the agents play an extensive-form game of perfect information. There is incomplete information about the type of player 1 while player 2’s type is commonly known. We show that a sufficiently patient player 1 can leverage player 2’s uncertainty about his type to secure his highest payoff in any perfect Bayesian equilibrium of the repeated game.

## 41 Citations

Perfect Bayesian Equilibria in Reputation Games with Nested Information Structure

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We consider Bayesian games, with independent private values, in which uniform punishment strategies are available. We establish that the Nash equilibria of the Bayesian infinitely repeated game…

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A patient player privately observes a persistent state and interacts with an infinite sequence of myopic uninformed players. The patient player is either a strategic type who maximizes his payoff or…

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