Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/93777 
Year of Publication: 
2010
Series/Report no.: 
SFB/TR 15 Discussion Paper No. 332
Publisher: 
Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY), München
Abstract: 
In this paper, we study in?nitely repeated games with imperfect public monitoring and the possibility of monetary transfers. We develop an effcient algorithm to compute the set of pure strategy public perfect equilibrium payoffs for each discount factor. We also show how all equilibrium payoffs can be implemented with a simple class of stationary equilibria that use stick-and-carrot punishments.
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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