Browsing FGV EPGE - Escola Brasileira de Economia e Finanças by Title "On the Impossibility of an Exact Imperfect Monitoring Folk Theorem"
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On the Impossibility of an Exact Imperfect Monitoring Folk Theorem
2007-06-29It is shown that, for almost every two-player game with imperfect monitoring, the conclusions of the classical folk theorem are false. So, even though these games admit a well-known approximate folk theorem, an exact folk ...


