CSAIL Event Calendar: Previous Series

The Robustness of Incomplete Penal Codes in Repeated Interactions

Speaker: Guest Speaker Olivier Gossner , Associate Chair, Paris School of Economics
Date: April 7 2011
Time: 4:30PM to 6:00PM
Location: 32-G882
Host: Silvio Micali, MIT

Contact: Nina Olff, 617-253-6025, olff@csail.mit.edu

Abstract: We study the robustness of equilibrium in repeated games to small departures from the benchmark model. We show that complete codes that fully specify player's strategies are not robust, and prove a robust Folk Theorem relying on incomplete codes.

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