Abstracts

Cripps, Martin W. Reputation and Perfection in Repeated Common Interest Games. Games and Economic Behavior. Feb 1997. volume 18, issue 2. 141-58. [added Feb 15, 00]

Abstract: We consider a wide class of repeated common interest games perturbed with one-sided incomplete information: one player (the informed player) might be a commitment type playing the Pareto dominant action. As discounting, which is assumed to be symmetric, and the prior probability of the commitment type go to zero, it is shown that the informed player can be held close to her minmax payoff even when perfection is imposed on the equilibrium. (c) 1997 Academic Press, Inc.