Students are exposed to the classic and cutting-edge papers in the area of repeated games with incomplete information, or more commonly known as reputation models. The course begins with the classic papers (Kreps, Wilson, Milgrom and Roberts) with further study focusing on Fudenberg and Levine's model, bargaining games (Abreu and Gul), and the recent developments in repeated games equally patient players. The first half of the class consists of lectures; the second half shifts to student presentations, drawing from applied or theory papers. Grading is based on student presentations and class participation.
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