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Managerial Economics - Unit 7: Game Theory

www.econ.jku.at

I Trust, reputation, promises, threats, and reciprocity are relevant only if there is repeated play. I Cooperative behavior is more likely if there is an in nite time horizon ... Unit 7 - Game Theory40/ 51. Payo Matrix before Most-favored-customer clause Managerial Economics: Unit 7 -

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