games with private monitoring incorporate differences in what players observe at each stage. Equilibria in repeated games … with private monitoring, however, often seem unrealistic; the equilibrium strategies may be highly complex and very …

from public monitoring to private monitoring that incorporate differences in players’ observations dramatically complicate … coordination. Equilibria with private monitoring often seem unrealistically complex. We set out a model in which players accomplish …

This paper studies repeated games with imperfect private monitoring when there exists a third-party mediator who …

We consider repeated games with private monitoring that are .close. to repeated games with public/perfect monitoring. A … private monitoring information structure is close to a public monitoring information structure when private signals can …-telling in nearby private monitoring games when communication is possible. A player is informationally small given a public …

This paper studies repeated games with private monitoring where players make optimal decisions with respect to costly …. Therefore, tacit collusion can attain efficient outcomes in general repeated games with private monitoring if perfect private … monitoring is merely feasible, however costly it may be. …

Some private-monitoring games, that is, games with no public histories, can have histories that are almost public …. These games are the natural result of perturbing public-monitoring games towards private monitoring. We explore the extent … sufficient to determine behavior). We show that, in games with general almost-public private monitoring, this is essentially the …

Some private-monitoring games, that is, games with no public histories, can have histories that are almost public …. These games are the natural result of perturbing public monitoring games towards private monitoring. We explore the extent … sufficient to determine behavior). We show that, in games with general almost-public private monitoring, this is essentially the …