Showing 1 - 10 of 10
Persistent link: https://www.econbiz.de/10012001062
Persistent link: https://www.econbiz.de/10011565946
This paper studies infinite-horizon stochastic games in which players observe payoffs and noisy public information about a hidden state each period. We find that, very generally, the feasible and individually rational payoff set is invariant to the initial prior about the state in the limit as...
Persistent link: https://www.econbiz.de/10012104607
This paper studies infinite-horizon stochastic games in which players observe payoffs and noisy public information about a hidden state each period. We find that, very generally, the feasible and individually rational payoff set is invariant to the initial prior about the state in the limit as...
Persistent link: https://www.econbiz.de/10012215319
Persistent link: https://www.econbiz.de/10009261858
Persistent link: https://www.econbiz.de/10010490922
Persistent link: https://www.econbiz.de/10011326756
Persistent link: https://www.econbiz.de/10011705443
This paper studies infinite-horizon stochastic games in which players observe actions and noisy public information about a hidden state each period. We find a general condition under which the feasible and individually rational payoff set is invariant to the initial prior about the state, when...
Persistent link: https://www.econbiz.de/10012937490
In an irreducible stochastic game, no single player can prevent the stochastic process on states from being irreducible, so the other players can ensure that the current state has little effect on events in the distant future. This paper introduces stochastic games with imperfect public signals,...
Persistent link: https://www.econbiz.de/10014189264