Identification of payoffs in repeated games

• 成果类型: Article
• 署名作者: Lee, Byung Soo; Stewart, Colin
• 署名单位: University of Toronto
• 刊物名称: GAMES AND ECONOMIC BEHAVIOR
• ISSN/ISSBN: 0899-8256
• DOI: 10.1016/j.geb.2016.07.004
• 发表日期: 2016
• 页码: 82-88
• 关键词: Payoff identification; Best-response equivalence; repeated games

摘要

In one-shot games, an analyst who knows the best response correspondence can only make limited inferences about the players' payoffs. In repeated games with full monitoring, this is not true: we show that, under a weak condition, if the game is repeated sufficiently many times and players are sufficiently patient, the best response correspondence completely determines the payoffs (up to positive affine transformations). (C) 2016 Elsevier Inc. All rights reserved.