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Published in 2022 at "Proceedings of the National Academy of Sciences of the United States of America"
DOI: 10.1073/pnas.2105867119
Abstract: Significance Nash equilibrium, of central importance in strategic game theory, exists in all finite games. Here we prove that it exists also in all infinitely repeated games, with a finite or countably infinite set of…
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Keywords:
existence equilibria;
repeated games;
games long;
equilibria repeated ... See more keywords
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Published in 2021 at "Royal Society Open Science"
DOI: 10.1098/rsos.202186
Abstract: Repeated games have provided an explanation of how mutual cooperation can be achieved even if defection is more favourable in a one-shot game in the Prisoner’s Dilemma situation. Recently found zero-determinant (ZD) strategies have substantially…
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Keywords:
strategies repeated;
zero determinant;
determinant strategies;
memory two ... See more keywords
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Published in 2024 at "American Economic Review"
DOI: 10.1257/aer.20220639
Abstract: This paper uses a laboratory experiment to study beliefs and their relationship to action and strategy choices in finitely and indefinitely repeated prisoners’ dilemma games. We find subjects’ elicited beliefs about the other player’s action…
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Keywords:
beliefs repeated;
repeated games;
games experiment;
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Published in 2025 at "PLOS Computational Biology"
DOI: 10.1371/journal.pcbi.1012810
Abstract: Repetition is a classic mechanism for the evolution of cooperation. The standard way to study repeated games is to assume that there is an exogenous probability with which every interaction is repeated. If it is…
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Keywords:
repeated games;
option leave;
cooperation;
partner choice ... See more keywords
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Published in 2020 at "PLoS ONE"
DOI: 10.1371/journal.pone.0230973
Abstract: Zero-determinant (ZD) strategies, a recently found novel class of strategies in repeated games, has attracted much attention in evolutionary game theory. A ZD strategy unilaterally enforces a linear relation between average payoffs of players. Although…
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Keywords:
average payoffs;
strategies repeated;
zero determinant;
determinant strategies ... See more keywords
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Published in 2018 at "Theoretical Economics"
DOI: 10.3982/te2434
Abstract: We study a class of chip strategies in repeated games of incomplete information. This class generalizes the strategies studied by Mobius (2001) in the context of a favor-exchange model and the strategies studied in our…
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Keywords:
chip strategies;
efficient chip;
strategies repeated;
repeated games ... See more keywords
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Published in 2020 at "Theoretical Economics"
DOI: 10.3982/te3820
Abstract: We study repeated games in which players learn the unknown state of the world by observing a sequence of noisy private signals. We find that for generic signal distributions, the folk theorem obtains using ex-post…
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Keywords:
common learning;
learning cooperation;
cooperation repeated;
state ... See more keywords