Incomplete Information in Repeated Coordination Games

Eric Bennett Rasmusen
2017 Social Science Research Network  
Asymmetric information can help achieve a good equilibrium in repeated coordination games. If there is a small probability that one player can play only one of a continuum of moves, that player can pretend to be of the constrained type, and other players will coordinate with him.
doi:10.2139/ssrn.2905266 fatcat:bpib2msl4rcrjg4v4yi2ugkguu