Monotone games with positive spillovers

A monotone game comprises the infinitely repeated play of an n-person stage game, subject to the constraint that players' actions be monotonically non decreasing over time. These games represent a variety of strategic situatio ns in which players are able to make (partial) commitments. If the stage ga mes have positive spillovers and satisfy certain other conditions, then the limit points of the subgame perfect equilibria are precisely the approacha ble action profiles. This characterization is applied to voluntary contribu tion games, market games, and coordination games. (C) 2001 Academic Press.