Nonzero-Sum Two-Person Repeated Games with Incomplete Information
- 1 February 1985
- journal article
- Published by Institute for Operations Research and the Management Sciences (INFORMS) in Mathematics of Operations Research
- Vol. 10 (1) , 117-153
- https://doi.org/10.1287/moor.10.1.117
Abstract
Characterization of all equilibria of nonzero-sum two-person repeated games with incomplete information, in the standard one-sided information case. Informally, each such equilibrium is described by a sequence of communications between the players (consisting of information transmission and coordination), leading to some individually rational agreement. Formally, the concept of a bi-martingale is introduced.Keywords
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