Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/175873 
Year of Publication: 
2017
Series/Report no.: 
Center for Mathematical Economics Working Papers No. 572
Publisher: 
Bielefeld University, Center for Mathematical Economics (IMW), Bielefeld
Abstract: 
In Farrell and Maskin (1989), the authors present sufficient conditions for weakly renegotiation-proof payoffs in their Theorem 1 (p. 332). We show that a step in the proof of this theorem is not correct by giving a counterexample. Nevertheless, the sufficient conditions remain true, and we offer a correction of the proof.
Subjects: 
(Weak) Renegotiation-Proofness
Infinitely Repeated Games
JEL: 
C72
C73
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.