Renegotiation in Repeated Games
Renegotiation in Repeated Games
复制标题
重复博弈中的重新谈判
DOI:
10.1006/jeth.1998.2395
复制
发表时间:
2006
影响因子:
1.6
通讯作者:
Debraj Ray
中科院分区:
文献类型:
--
作者:
Debraj Ray
The huge multiplicity of equilibria given by the folk theorem motivates an obvious question: why would players “deliberately” select on equilibria with bad outcomes if “better” equilibria are available? A simple answer to this is that individual rationality (along with the common knowledge of the game and strategic beliefs) does not take us further than equilibrium behavior. In particular, it does not permit us to choose among equilibria on the basis of collective rationality.