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- W1551867946 abstract "A concept of dynamic stability in infinitely repeated games with discounting is presented. For this purpose, one modification of the available theory is needed: we need to relax the assumption that the game starts in a given period. Under this new framework, we propose stable strategies such that a folk theorem with an additional stability requirement still holds. Under these strategies, convergence to the long run outcome is achieved in a finite number of periods, no matter what actions or deviations have been played in the past. Hence, we suggest a way in which a player can build up his reputation after a deviation." @default.
- W1551867946 created "2016-06-24" @default.
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- W1551867946 date "2006-01-01" @default.
- W1551867946 modified "2023-09-23" @default.
- W1551867946 title "Dynamic Stability in Repeated Games" @default.
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- W1551867946 doi "https://doi.org/10.2139/ssrn.925808" @default.
- W1551867946 hasPublicationYear "2006" @default.
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