Advanced Microeconomics/Repeated Games

Repeated Games

In a repeated game players $(I=\{1,2,\dots ,n\})$ interact over $T\leq \infty$ 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