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This video goes over a repeated games prisoner's dilemma problem. This is like a duopoly that is deciding whether to collude or not on an infinite time scale. Other helpful videos that might go along with this one…
Prisoner’s Dilemmas, Part I - • Prisoners Dilemma Exam...
Prisoner’s Dilemmas, Part II - • Prisoners Dilemma Exam...
Time discounting - • Time Discounting & Pre...