Title: Infinitely-repeated games with endogenous discounting
Abstract: The standard repeated game setting is changed by allowing one player to decide the time interval between repetitions. The resulting folk theorem states that any individually rational stage-game strategy combination can be repeated in equilibrium, with no threshold discount factor requirement.
Publication Year: 1996
Publication Date: 1996-08-01
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 4
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