Lecture 22 - Repeated Games: Cheating, Punishment, and Outsourcing

Yale Open Courses ECON 159: Game Theory by William Sheppard

Jun 8, 201801:15:46Education

In business or personal relationships, promises and threats of good and bad behavior tomorrow may provide good incentives for good behavior today, but, to work, these promises and threats must be credible. In particular,...

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