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We study infinitely repeated games with observable actions, where players have present-biased (so-called β-δ) preferences. We give a two-step procedure to characterize Strotz-Pollak equilibrium payoffs: compute the continuation payoff set using recursive techniques, and then use this set to characterize the equilibrium payoff set U (β, δ). While(More)
We provide a unified approach to existence of Nash equilibria in (possibly) discontinuous and qualitative games. We combine the idea of a local continuous selection of each player's strict upper contour set from the qualitative games literature with the " better reply security " idea (Reny [15]) of activating different players locally from the discontinuous(More)
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