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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,...
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We propose a semi-cooperative game theoretic approach to check whether a given coalition is stable in a Bayesian game with independent private values. The ex ante expected utilities of coalitions, at an incentive compatible (noncooperative) coalitional equilibrium, describe a (cooperative)...
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