Note on Nash equilibria in infinitely repeated games with incomplete information (Q762080): Difference between revisions
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English | Note on Nash equilibria in infinitely repeated games with incomplete information |
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Note on Nash equilibria in infinitely repeated games with incomplete information (English)
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1984
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We consider two-person repeated games with lack of information on one side where the role of the informed player consists exclusively of transmitting information. We show that, even in this case, there exist Nash equilibria that cannot be achieved with a single stage of signalling. We also provide an example where the number of revealing stages required by such an equilibrium is unbounded.
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two-person repeated games
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lack of information on one side
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Nash equilibria
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signalling
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