||0 of 0 people found the following review helpful.| Solid but too repetitive|By Daniel Garcia|The book is very easy to follow and has a very good coverage of most topics in repeated games and stochastic games. The problem is that each chapter tries to be sort of independent and there is lots of overlap. Thus, it is more useful as a reference than as a textbook.|||"Repeated Games and Reputations is a much-needed addition to the ranks of advanced game theory books. It has features that will appeal to both economic theorists and applied economists in various fields. In addition to being a useful reference book,
Personalized and continuing relationships play a central role in any society. Economists have built upon the theories of repeated games and reputations to make important advances in understanding such relationships. Repeated Games and Reputations begins with a careful development of the fundamental concepts in these theories, including the notions of a repeated game, strategy, and equilibrium. Mailath and Samuelson then present the classic folk theorem and reputation r...
[PDF.du14] Repeated Games and Reputations: Long-Run Relationships Rating: 4.96 (580 Votes)
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