5. Infinitely Repeated Games and Folk Theorem (Game Theory Playlist 8)

In this episode we continue our discussion on infinitely repeated games that we started in episode 4. We provide an intuition behind a very important theorem, known as Folk Theorem. It states that all individually rational and feasible stage game payoffs can be approximated as an SPNE outcome.
It's crucial to watch lecture videos in the proper order to ensure effective learning. This is because the concepts in each video build upon those introduced in previous videos. To help you with this, I recommend visiting my website, www.selcukozyurt.com, for a recommended course outline.

[@mrblues5996]

Hello sir, I think this playlist has one video missing. Towards the end you (verbally) mention the payoffs from the grim trigger strategy but you don't go on to solve it. Just saying in case you missed it.

[@tingyunlin]

Must say it is perfect, really

[@dano2website]

Thank you!