Commitment games (Q1021610): Difference between revisions
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scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Commitment games |
scientific article |
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Commitment games (English)
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8 June 2009
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This paper deals with a commitment game. A commitment game is a two-stage game, in which players can commit to some of their pure strategies in the first stage, and play the altered game in the second stage. The main result provides a complete characterization of the set of implementable strategies in such games.
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commitment
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efficiency
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self-enforcing agreement
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repeated games
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