Advanced Microeconomics/Repeated Games

Repeated Games

In a repeated game players $(I=\{1,2,\dots ,n\})$ interact over $T\le \mathrm{\infty }$ periods. Each period represents a single iteration of the (simultaneous-move) stage game $\mathrm{\Gamma }$ in which each player selects a strategy $s_i\in S_i=\{s_i^1,s_i^2\dots \}$.

Folk (general feasibility) Theorems

The multiplicity of strategy profiles made possible by repeated interaction translates to a wide variety of