In?nitely Repeated Games with Public Monitoring and Monetary Transfers

Susanne Goldluecke and Sebastian Kranz
Authors registered in the RePEc Author Service: Susanne Goldlücke

Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems from Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich

Abstract: In this paper, we study in?nitely repeated games with imperfect public monitoring and the possibility of monetary transfers. We develop an effcient algorithm to compute the set of pure strategy public perfect equilibrium payoffs for each discount factor. We also show how all equilibrium payoffs can be implemented with a simple class of stationary equilibria that use stick-and-carrot punishments.

Date: 2010-07
New Economics Papers: this item is included in nep-gth
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Citations: View citations in EconPapers (4)

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Related works:
Journal Article: Infinitely repeated games with public monitoring and monetary transfers (2012)
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