Discounting-sensitivity in symmetric repeated games: An example

Shiran Rachmilevitch

doi:10.1016/j.orl.2019.10.010

Discounting-sensitivity in symmetric repeated games: An example

Shiran Rachmilevitch

Department of Economics

Research output: Contribution to journal › Article › peer-review

Abstract

I present an example of a symmetric repeated game in which an arbitrarily small change in the discount factor can lead to a discontinuous change in the level of symmetry that can be sustained in equilibrium.

Original language	English
Pages (from-to)	1-3
Number of pages	3
Journal	Operations Research Letters
Volume	48
Issue number	1
DOIs	https://doi.org/10.1016/j.orl.2019.10.010
State	Published - Jan 2020

Bibliographical note

Publisher Copyright:
© 2019 Elsevier B.V.

Keywords

Repeated games
Symmetric equilibrium
Symmetric games

ASJC Scopus subject areas

Software
Management Science and Operations Research
Industrial and Manufacturing Engineering
Applied Mathematics

Access to Document

10.1016/j.orl.2019.10.010

Cite this

@article{fe0885497b284bbe8fe5d8a484995575,

title = "Discounting-sensitivity in symmetric repeated games: An example",

abstract = "I present an example of a symmetric repeated game in which an arbitrarily small change in the discount factor can lead to a discontinuous change in the level of symmetry that can be sustained in equilibrium.",

keywords = "Repeated games, Symmetric equilibrium, Symmetric games",

author = "Shiran Rachmilevitch",

note = "Publisher Copyright: {\textcopyright} 2019 Elsevier B.V.",

year = "2020",

month = jan,

doi = "10.1016/j.orl.2019.10.010",

language = "English",

volume = "48",

pages = "1--3",

journal = "Operations Research Letters",

issn = "0167-6377",

publisher = "Elsevier",

number = "1",

}

TY - JOUR

T1 - Discounting-sensitivity in symmetric repeated games

T2 - An example

AU - Rachmilevitch, Shiran

PY - 2020/1

Y1 - 2020/1

N2 - I present an example of a symmetric repeated game in which an arbitrarily small change in the discount factor can lead to a discontinuous change in the level of symmetry that can be sustained in equilibrium.

AB - I present an example of a symmetric repeated game in which an arbitrarily small change in the discount factor can lead to a discontinuous change in the level of symmetry that can be sustained in equilibrium.

KW - Repeated games

KW - Symmetric equilibrium

KW - Symmetric games

UR - https://www.scopus.com/pages/publications/85074060312

U2 - 10.1016/j.orl.2019.10.010

DO - 10.1016/j.orl.2019.10.010

M3 - Article

AN - SCOPUS:85074060312

SN - 0167-6377

VL - 48

SP - 1

EP - 3

JO - Operations Research Letters

JF - Operations Research Letters

IS - 1

ER -

Discounting-sensitivity in symmetric repeated games: An example

Abstract

Bibliographical note

Keywords

ASJC Scopus subject areas

Access to Document

Other files and links

Fingerprint

Cite this