haku: @indexterm Repeated games / yhteensä: 8
viite: 4 / 8
Tekijä:Lipman, B. L.
Wang, R.
Otsikko:Switching costs in frequently repeated games
Lehti:Journal of Economic Theory
2000 : AUG, VOL. 93:2, p. 149-190
Asiasana:Switching costs
Repeated games
Mathematical models
Kieli:eng
Tiivistelmä:We add small costs of changing actions and frequent repetition to finitely repeated games, making some surprising commitments credible. Specifically, we add a small cost to changing actions from one period to another and consider the effect of repeating the game more often in a fixed amount of time. These changes make credible certain commitments, the nature of which depend in complex ways on the game being repeated.
SCIMA tietueen numero: 215998
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