Economics > Theoretical Economics
[Submitted on 3 Nov 2024]
Title:An algorithm for two-player repeated games with imperfect public monitoring
View PDF HTML (experimental)Abstract:This paper introduces an explicit algorithm for computing perfect public equilibrium (PPE) payoffs in repeated games with imperfect public monitoring, public randomization, and discounting. The method adapts the established framework by Abreu, Pearce, and Stacchetti (1990) into a practical tool that balances theoretical accuracy with computational efficiency. The algorithm simplifies the complex task of identifying PPE payoff sets for any given discount factor {\delta}. A stand-alone implementation of the algorithm can be accessed at: this https URL.
Submission history
From: Jasmina Karabegovic [view email][v1] Sun, 3 Nov 2024 13:40:27 UTC (555 KB)
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