Horner, Johannes; Takahashi, Satoru; Vieille, Nicolas - Cowles Foundation for Research in Economics, Yale University - 2013
This paper characterizes an equilibrium payoff subset for Markovian games with private information as discounting … is on equilibria in which players report truthfully. The characterization generalizes that for repeated games, reducing … the analysis to static Bayesian games with transfers. With correlated types, results from mechanism design apply, yielding …