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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