On sustaining cooperation without public observations (Q1604521)

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On sustaining cooperation without public observations
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    On sustaining cooperation without public observations (English)
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    4 July 2002
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    The author investigates a dynamic game in which each player only observes a private and imperfect signal about the played actions. Each player has two pure strategies, one of it is irreversible. The time of change to the irreversible action depends on the frequency of the received signals. The various aspects of optimal strategies are evaluated and proved.
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    dynamic games
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    repeated games
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    signaling and communication
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