Non-zero-sum infinitely repeated games with incomplete information are an appropriate model to analyze durable relationships among individuals whose information is not symmetric. The results in the zero-sum case are used explicitly in the non-zero-sum case. In the tradition of the Folk theorem,...

Under appropriate assumptions (private values and uniform punishments), the Nash equilibria of a Bayesian repeated game without discounting are payoff-equivalent to tractable, completely revealing, equilibria and can be achieved as interim cooperative solutions of the initial Bayesian game. This...

Under appropriate assumptions (private values and uniform punishments), the Nash equilibria of a Bayesian repeated game without discounting are payoff-equivalent to tractable, completely revealing, equilibria and can be achieved as interim cooperative solutions of the initial Bayesian game. This...