Mathematics of Operations Research, Vol. 24, No. 1 (Feb., 1999), pp. 204-218 (15 pages) Two players engage in a repeated game with incomplete information on one side, where the underlying stage-games ...

This paper provides folk theorems for infinitely repeated games where the discount factor is stochastic. When discount factors are independently distributed and the current discount factor is ...

Social dilemmas occur when individual desires clash with group needs. How can people be encouraged to cooperate when they have reason not to? Scientists show that if the social dilemma that ...

Fudenberg, Drew, Yuhta Ishii, and Scott Duke Kominers. "Delayed-Response Strategies in Repeated Games with Observation Lags." Journal of Economic Theory 150 (March 2014): 487–514.

Repeated games are a core concept in game theory, modeling how players adjust their strategies over time based on past outcomes. A key question is: How much memory does a player truly need to succeed?

This iconic "Flower Power" photograph by Bernie Boston captured the essence of the anti-violence peace movement during the Vietnam war. Source: Bernie Boston/Wikimedia Commons There is an ongoing ...