An Anti-folk Theorem in Overlapping Generations Games with Limited Observability

We study the effect of limited observability on the possibility of cooperation in a simple overlapping generations model. If new entrants can observe only the recent history of the game, then cooperation cannot be sustained for certain classes of games. (Copyright: Elsevier)

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Year of publication:	2001
Authors:	Yoon, Kiho
Published in:	Review of Economic Dynamics. - Society for Economic Dynamics - SED. - Vol. 4.2001, 3, p. 736-745
Publisher:	Society for Economic Dynamics - SED
Subject:	anti-folk theorem \| limited observability \| overlapping generations games

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Extent:	application/pdf
Type of publication:	Article
Notes:	Published
Other identifiers:	10.1006/redy.2000.0127 [DOI]
Classification:	C72 - Noncooperative Games ; D82 - Asymmetric and Private Information
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005069601