Advanced Microeconomics/Repeated Games

Repeated Games

In a repeated game players $(I=\{1,2,\dots,n\})$ interact over $T \leq \infin$ periods. Each period represents a single iteration of the (simultaneous-move) stage game $\Gamma$ 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