Decision Sciences
8 years ago

Simple communication strategies unlock success in repeated games with incomplete information!

Games and Economic Behavior
A Property of Nash Equilibria in Repeated Games with Incomplete Information
Françoise Forges, Enrico Minelli

Paper Summary

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In repeated games where players don't have all the information, complex strategies are often needed to reach Nash equilibrium payoffs. However, using simple communication methods can make it possible to achieve these payoffs with easier strategies. This means that players can still reach their desired outcomes without needing to use complicated tactics.