The role of commitment in repeated games

Ignacio García-Jurado, Julio González-Díaz
2006 Optimization  
We model the role of commitment in noncooperative games by means of what we call unilateral commitments. We study their impact within the framework of repeated games with complete information. To do so, we revisit the main folk theorems for repeated games with complete information and check up to what extent the assumptions needed in the classic models can be relaxed in the model with unilateral commitments.
doi:10.1080/02331930600815991 fatcat:fgdcyqx6erh4xfdkfimjgp34hq