Fudenberg, Drew; Levine, David I; Maskin, Eric - In: Econometrica 62 (1994) 5, pp. 997-1039
The authors study repeated games in which players observe a public outcome that imperfectly signals the actions played. They provide conditions guaranteeing that any feasible, individually rational payoff vector of the stage game can arise as a perfect equilibrium of the repeated game with...