Yamamoto, Yuichi - In: Theoretical economics : TE ; an open access journal in … 14 (2019) 3, pp. 1115-1167
This paper studies infinite-horizon stochastic games in which players observe payoffs and noisy public information about a hidden state each period. We find that, very generally, the feasible and individually rational payoff set is invariant to the initial prior about the state in the limit as...
