Article ID: | iaor2000394 |
Country: | Germany |
Volume: | 27 |
Issue: | 4 |
Start Page Number: | 539 |
End Page Number: | 559 |
Publication Date: | Jan 1998 |
Journal: | International Journal of Game Theory |
Authors: | Tomala T., Renault J. |
We consider repeated games with complete information and imperfect monitoring, where each player is assigned a fixed subset of players and only observes the moves chosen by the players in this subset. This structure is naturally represented by a directed graph. We prove that a generalized folk theorem holds for any payoff function if and only if the graph is 2-connected, and then extend this result to the context of finitely repeated games.