This paper extends the framework of Kajii and Morris (1997) to study the question of robustness to incomplete information in repeated games. We show that dynamically robust equilibria can be characterized using a one-shot robustness principle that extends the one-shot deviation principle. Using...

We prove a folk theorem for multiplayer games in continuous time when players observe a public signal distorted by Brownian noise. The proof is based on a rigorous foundation for such continuous-time multiplayer games. We study in detail the relation between behaviour and mixed strategies, and...

The paper deals with existence and properties of temporary migration equilibria with an overlapping generations structure in a two-country-world. Individuals are living for two periods. As a young individual they are supposed to be incompletely informed about wage rates and the quality of life...