Mailath, George J.; Samuelson, Larry - In: Handbook of game theory with economic applications : …, (pp. 165-238). 2015
the equilibrium payoff of the long-lived player (demonstrating ex ante reputation effects) and to show that this lower … bound is asymptotically irrelevant under imperfect monitoring (demonstrating the impermanence of reputation effects). The … chapter continues by examining the (necessarily weaker) reputation results that can be established for the case of two long …