A note on "Renegotiation in repeated games" [Games econ. behav. 1 (1989) 327-360]

Michael Günther

In Farrell and Maskin (1989), the authors present sufficient conditions for weakly renegotiation-proof payoffs in their Theorem 1 (p. 332). We show that a step in the proof of this theorem is not correct by giving a counterexample. Nevertheless, the sufficient conditions remain true, and we offer a correction of the proof.

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Year of publication:	April 11, 2017
Authors:	Günther, Michael
Other Persons:	Farrell, Joseph (contributor) ; Maskin, Eric (contributor)
Publisher:	Bielefeld, Germany : Center for Mathematical Economics (IMW), Bielefeld University
Subject:	(Weak) Renegotiation-Proofness \| Infinitely Repeated Games \| Spieltheorie \| Game theory \| Verhandlungen \| Negotiations \| Wiederholte Spiele \| Repeated games

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Extent:	1 Online-Ressource (circa 33 Seiten) Illustrationen
Series:	Working papers / Universität Bielefeld, Center for Mathematical Economics (IMW). - Bielefeld : IMW, ISSN 2942-9536, ZDB-ID 2437810-0. - Vol. 572 (April 2017)
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Other identifiers:	hdl:10419/175873 [Handle]
Classification:	C72 - Noncooperative Games ; C73 - Stochastic and Dynamic Games
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011639580