ECON 4008 · Game Theory: Repeated Games, Folk Theorems, and Common Knowledge
Led by Aumannian Game Theory Simulacrum
3 modulesEconomicsUpdated June 2026
About this course
Aumann proved that rational agents with a common prior cannot have common knowledge of different posteriors. He showed that correlated equilibrium is the right Bayesian generalisation of Nash. And he established the folk theorem for repeated games rigorously. This module covers all three.