2017 Fiscal Year Final Research Report
Experimental study on long-term relationship with observation costs(Fostering Joint International Research)
| Project/Area Number |
15KK0089
|
|---|
| Research Category |
Fund for the Promotion of Joint International Research (Fostering Joint International Research)
|
| Allocation Type | Multi-year Fund |
|---|
| Research Field |
Economic theory
|
|---|
| Research Institution | Kobe University |
|---|
Principal Investigator |
|
|---|
| Research Collaborator |
Fainlgold Eduardo イェール大学, コウルズ研究所, 准教授
|
|---|
| Project Period (FY) |
2015 – 2017
|
| Keywords | 評判効果 / 有限記録 |
|---|
| Outline of Final Research Achievements |
In this research, I consider games extended product choice game. The information structure is assumed to be imperfect public monitoring. Then, I analyzed the effect of the length of short-run players' memory on reputation. When a bad type realizes with a positive probability, equilibrium payoffs for the long-run player and the short-run players are larger when the memory is finite than when the memory is infinite. When the memory is finite, reputation effect does not occur.
|
| Free Research Field |
ゲーム理論
|
