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This paper studies a class of infinitely repeated games with two players in which the action space of each player is an interval, and the one-shot payoff of each player is additively separable in their actions. We define an immediately reactive equilibrium (IRE) as a pure-strategy subgame...
Persistent link: https://www.econbiz.de/10005650716
This paper studies the global dynamics of a class of infinitely repeated two-player games in which the action space of each player is an interval, and the one-shot payoff of each player is additively separable in their actions. We define an immediately reactive equilibrium (IRE) as a...
Persistent link: https://www.econbiz.de/10008542685
This paper studies a class of infinitely repeated games with two players in which the action space of each player is an interval, and the one-shot payoff of each player is additively separable in their actions. We define an immediately reactive equilibrium (IRE) as a pure-strategy subgame...
Persistent link: https://www.econbiz.de/10005207857
We analyze a infinitely repeated tariff-setting game by two large countries with alternating moves. We focus on the subgame perfect equilibria in which each country chooses its tariff according to a stationary function of the other country's tariff. We show that there are many equilibria with...
Persistent link: https://www.econbiz.de/10008692967
Persistent link: https://www.econbiz.de/10010568215
This paper studies the global dynamics of a class of infinitely repeated two-player games in which the action space of each player is an interval, and the one-shot payoff of each player is additively separable in actions. We define an immediately reactive equilibrium (IRE) as a pure-strategy...
Persistent link: https://www.econbiz.de/10008455316
Persistent link: https://www.econbiz.de/10009976051
Persistent link: https://www.econbiz.de/10008451530
Persistent link: https://www.econbiz.de/10003950528
Persistent link: https://www.econbiz.de/10009428103