Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10000914412
Persistent link: https://www.econbiz.de/10001233193
Persistent link: https://www.econbiz.de/10001235736
Persistent link: https://www.econbiz.de/10000901833
Persistent link: https://www.econbiz.de/10002055057
Persistent link: https://www.econbiz.de/10003429415
We introduce a new solution concept for short-sighted players engaging in a repeated interaction: a Belief-based equilibrium (BBE). In a BBE, players optimize myopically given their beliefs which are not necessarily correct, but are not contradicted by the data. We show that, if the stage game...
Persistent link: https://www.econbiz.de/10014172019