Private Monitoring without Conditional Independence
Johannes Hörner and
Olivier Gossner
No 860, 2007 Meeting Papers from Society for Economic Dynamics
Abstract:
We prove that efficiency can be asymptotically achieved in the two-player's prisoner's dilemma under private monitoring. While we impose some restrictions on the monitoring structure, we do not require that the monitoring be either almost-perfect or conditionally independent.
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:red:sed007:860
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