Construction of Subgame-Perfect Mixed-Strategy Equilibria in Repeated Games

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Summary

This paper examines how to construct subgame-perfect mixed-strategy equilibria in discounted repeated games with perfect monitoring and introduces a relatively simple class of strategy profiles that are easy to compute and may give rise to a large set of equilibrium payoffs.

Type
article
Published
2017-11-01
Cited by
6
References
42
Access
Open access

Keywords

Subgame perfect equilibrium, Mathematical economics, Simple (philosophy), Subgame, Extensive-form game

References

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