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Repeated Games and ReputationsLong-Run Relationships$
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George J. Mailath and Larry Samuelson

Print publication date: 2006

Print ISBN-13: 9780195300796

Published to Oxford Scholarship Online: January 2007

DOI: 10.1093/acprof:oso/9780195300796.001.0001

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 Variations on the Game

 Variations on the Game

Chapter:
(p.145) 5 Variations on the Game
Source:
Repeated Games and Reputations
Author(s):

George J. Mailath (Contributor Webpage)

Larry Samuelson (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780195300796.003.0005

This chapter explores variations on the standard repeated game: random matching games and repeated games played in the context of a market or society, multiple repeated games, repeated extensive form games, and dynamic games. The chapter defines and provides foundations for the concept of Markov equilibrium and culminates in a folk theorem for dynamic games.

Keywords:   dynamic games, extensive-form games, folk theorem, markets, Markov, random matching games

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