The Use of Information in Repeated Games with Imperfect Monitoring

S-Tier
Journal: Review of Economic Studies
Year: 1992
Volume: 59
Issue: 3
Pages: 581-593

Score contribution per author:

8.043 = (α=2.01 / 1 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The present paper formalizes the idea that improved monitoring helps coordination in long term relationships. Specifically, the pure-strategy sequential equilibrium payoff set is shown to expand (in the sense of set inclusion) in repeated games with inperfect monitoring, when the quality of the signal improves in Blackwell's sense. Furthermore, the directions of the expansion are identified.

Technical Details

RePEc Handle
repec:oup:restud:v:59:y:1992:i:3:p:581-593.
Journal Field
General
Author Count
1
Added to Database
2026-01-25