GTO-5-06: Discounted Repeated Games

[@alainliu7601]

Very clear explanation! Thank you

[@bebla8381]

Can someone explain how the series in 8:10 converges to 3/1-B?

[@hellohey8088]

en.wikipedia.org/wiki/Geometric_series#Proof_of_convergence

[@kanishjain7725]

summation of a GP series = a /1 - r , ( a= ist term and r = ratio)

[@OmyTrenav]

Great video. Thanks!

[@sabukisabinaphan]

Thank you so much for the video. I do have one question if that is alright. For instance if there is the same C vs D situation, where (C,C) is still (3,3) but (D,C) is now (10,4) instead of (10,0), do we still get 10+bx1+b^2x1+b^3x1...= 10+b/(1-b) with the 4 not changing this deviation sequence? In other words does the next Cooperate value being 0 or 4 have any significance on the equation? Do hope it makes sense. Please if you can clear this up would really help. Thank you again.