Chapter 12 Repeated Games - MIT OpenCourseWare

← Back to document page

ideas are captured in the repeated games, in which a "stage game" is played repeatedly. The stage game is repeated regardless of what has been played in the previous games. This chapter explores the basic ideas in the theory of repeated games and applies them in a variety of economic problems. As it turns out, it is important whether the game is

  Chapter, Games, Ideas, Repeated, Mit opencourseware, Opencourseware, Chapter 12 repeated games