Characterizing the limit set of perfect and public equilibrium payoffs with unequal discounting
نویسندگان
چکیده
منابع مشابه
Characterizing the Limit Set of PPE Payoffs with Unequal Discounting
We study repeated games with imperfect public monitoring and unequal discounting. We characterize the limit set of perfect and public equilibrium payoffs as discount factors converge to 1 with the relative patience between players fixed. We show that the pairwise and individual full rank conditions are suffi cient for the folk theorem. ∗[email protected] †The author is thankful to Stephe...
متن کاملHidden Stochastic Games and Limit Equilibrium Payoffs
We consider 2-player stochastic games with perfectly observed actions, and study the limit, as the discount factor goes to one, of the equilibrium payoffs set. In the usual setup where current states are observed by the players, we show that the set of stationary equilibrium payoffs always converges, and provide a simple example where the set of equilibrium payoffs has no limit. We then introdu...
متن کاملA new characterization of perfect public equilibrium payoffs in repeated games with imperfect public monitoring in continuous time∗
This paper continues the study of a new class of repeated games with imperfect public monitoring launched by Sannikov (2007). I provide a new characterization of self-generating sets for a class of games in continuous time and Brownian information. This new characterization relies on partial differential equation techniques. Our approach gives a geometric characterization of the set of perfect ...
متن کاملthe effect of task cognitive complexity and time limit on the performance of the learners with different proficiency levels in second language writing skill
this study investigated the effects of manipulating the cognitive complexity of tasks along +/- few elements and the time limits on l2 learners writing performance. to conduct the study, 60 iranian efl learners with two levels of proficiency, low and high intermediate, were selected and assigned to three groups based on the time devoted to task completion. the participants performed both a simp...
15 صفحه اولthe evaluation of language related engagment and task related engagment with the purpose of investigating the effect of metatalk and task typology
abstract while task-based instruction is considered as the most effective way to learn a language in the related literature, it is oversimplified on various grounds. different variables may affect how students are engaged with not only the language but also with the task itself. the present study was conducted to investigate language and task related engagement on the basis of the task typolog...
15 صفحه اولذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Theoretical Economics
سال: 2015
ISSN: 1933-6837
DOI: 10.3982/te1425