repeated games with private monitoring. The payoff set of this class of equilibria is characterized in the limit as the …

repeated games with private monitoring. The payoff set of this class of equilibria is characterized in the limit as 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 …

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 …

. Much of the earlier literature assumes public monitoring. Departures from public monitoring to private monitoring that … the consequence that equilibria with private monitoring often seem unrealistically complex or fragile. We set out a model …

public monitoring to private monitoring that incorporate differences in players’ observations may dramatically complicate … coordination and the provision of incentives, with the consequence that equilibria with private monitoring often seem …

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 …

and private monitoring. With public monitoring the equilibrium set with large buyers expands relative to the standard … model where each buyer is small and behaves myopically. With private monitoring, where prices are not observable to the … competing sellers, the set of equilibrium payoffs shrinks. In the finitely repeated game with private monitoring, all sales are …