Citation:
Simon, R. S. . (1997). Separation of Joint Plan Equilibrium Payoffs from the Min-Max Functions. Discussion Papers. presented at the 5, Games and Economic Behavior 41 (2002), 79-102. Retrieved from '
Abstract:
This article concerns infinitely repeated and un-discounted two-person non-zero-sum games of incomplete information on one side. Following the spirit of the Folk Theorem it establishes sufficient conditions for the existence of Nash equilibria with payoffs superior to what the players would receive from observable deviation. Examples are presented that show both the difficulty and the desirability for stronger results than those presented here.