What You Get is What You See: Cooperation in Repeated Games with Observable Payoffs (joint with Ehud Lehrer)

Location: 
Elath Hall, 2nd floor, Feldman Building, Edmond J. Safra Campus
Dates: 
Sunday, January 1, 2017 - 16:00
Lecturers: 
Galit Ashkenazi-Golan
HUJI
Abstract: 

We consider two-player repeated games, where the players observe their own payoffs with a positive probability. Typically, a player observes neither the other's actions nor her payoff.  We show that knowing her own payoff is sufficient to obtain any strictly efficient payoff  by sequential equilibrium, when costly communication is available and the players are  sufficiently patient.