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SUBGAME-PERFECT ATTAINMENT OF MINIMAX PUNISHMENTS IN DISCOUNTED 2-PERSON GAMES

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Abstract

Necessary and sufficient conditions are given for minimax payoff levels to be attained in a subgame-perfect equilibrium of repeated two-person games for sufficiently low discounting

Topics: HC
Publisher: ELSEVIER SCIENCE SA LAUSANNE
OAI identifier: oai:wrap.warwick.ac.uk:20065
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