Article ID: | iaor19921440 |
Country: | United States |
Volume: | 17 |
Issue: | 1 |
Start Page Number: | 200 |
End Page Number: | 224 |
Publication Date: | Feb 1992 |
Journal: | Mathematics of Operations Research |
Authors: | Lehrer Ehud |
This paper studies two-person repeated games in which after each stage a player is informed about the payoff he received at the previous stage. The information can, in some cases, include more than that. Four kinds of Nash-equilibrium concepts are defined by the limit of the means. A characterization of the equilibrium-payoffs sets and several properties of these sets are given. As a specific example, the standard information case, that of the folk theorem, is provided.