Supercooling, a state where liquids don't solidify even below their normal freezing point, still puzzles scientists today. An example of this phenomenon is found everyday in meteorology: clouds in ...
An Example of a Repeated Partnership Game with Discounting and with Uniformly Inefficient Equilibria
The Review of Economic Studies, Vol. 53, No. 1 (Jan., 1986), pp. 59-69 (11 pages) In this note we present an example of a repeated partnership game with imperfect monitoring in which all supergame ...
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