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date: 27 November 2020

repeated game 

Source:
A Dictionary of Economics
Author(s):

Nigar Hashimzade,

Gareth Myles,

John Black

A game that is repeated a number of times in future periods. The number of repetitions may be finite or infinite. The number may be known in advance, or there may be an expectation that the game will be repeated. Participants in repeated games have an incentive to choose their ... ...

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