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A Nash Equilibrium Can Only Occur in Repeated Games

question 319

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A Nash equilibrium can only occur in repeated games.


Definitions:

Unforeseeable

Situations or events that cannot be predicted or expected with any reasonable degree of certainty.

Wrongful Act

An action or inaction that is illegal or morally incorrect, often leading to legal liability or public condemnation.

Intentional Torts

Legal wrongs resulting from actions taken with the intent to cause harm to another person.

Against Persons

Legal actions or claims directed towards individuals, as opposed to property or the state.

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