California Institute of Technology

Division of the Humanities and Social Sciences

Folk Theorem in Repeated Games with Private Monitoring

25 Baxter
October 24 2012 04:00 PM
Takuo Sugaya, Assistant Professor, Princeton University

We show that the folk theorem generically holds for the repeated two-player prisoners' dilemma with private monitoring if the support of each player's signal distribution is sufficiently large. Neither cheap talk communication nor public randomization is necessary. The result can be extended to the general N-player game.

Series: Bray Theory Workshop
For more information, please phone Ext. 3831 or email vmason@hss.caltech.edu

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