Presents the joint work of Drew Fudenberg and David Levine on the closely connected topics of repeated games and reputation effects, along with related papers on more general issues in game theory and dynamic games.
Presents the joint work of Drew Fudenberg and David Levine on the closely connected topics of repeated games and reputation effects, along with relate...
This advanced text introduces the principles of noncooperative game theory -- including strategic form games, Nash equilibria, subgame perfection, repeated games, and games of incomplete information -- in a direct and uncomplicated style that will acquaint students with the broad spectrum of the field while highlighting and explaining what they need to know at any given point. The analytic material is accompanied by many applications, examples, and exercises. The theory of noncooperative games studies the behavior of agents in any situation where each agent's optimal choice may depend on a...
This advanced text introduces the principles of noncooperative game theory -- including strategic form games, Nash equilibria, subgame perfection, ...