Infinitely Repeated Games with Public Monitoring and Monetary Transfers


Goldlücke, Susanne ; Kranz, Sebastian



DOI: https://doi.org/10.1016/j.jet.2012.01.008
URL: http://www.sciencedirect.com/science/article/pii/S...
Document Type: Article
Year of publication: 2012
The title of a journal, publication series: Journal of Economic Theory : JET
Volume: 147
Issue number: 3
Page range: 1191-1221
Place of publication: Amsterdam [u.a.]
Publishing house: Elsevier
ISSN: 0022-0531
Publication language: Other
Institution: School of Law and Economics > VWL, Angewandte Mikroökonomische Theorie (Juniorprofessur) (Goldlücke 2011-13)
Subject: 330 Economics
Abstract: This paper studies infinitely repeated games with imperfect public monitoring and the possibility of monetary transfers. It is shown that all public perfect equilibrium payoffs can be implemented with a simple class of stationary equilibria that use stick-and-carrot punishments. A fast algorithm is developed that exactly computes the set of pure strategies equilibrium payoffs for all discount factors.

Dieser Eintrag ist Teil der Universitätsbibliographie.




+ Citation Example and Export

Goldlücke, Susanne ; Kranz, Sebastian (2012) Infinitely Repeated Games with Public Monitoring and Monetary Transfers. Journal of Economic Theory : JET Amsterdam [u.a.] 147 3 1191-1221 [Article]


+ Search Authors in

+ Page Views

Hits per month over past year

Detailed information



You have found an error? Please let us know about your desired correction here: E-Mail


Actions (login required)

Show item Show item