We ask whether communication can directly substitute for memory in dynastic repeated games in which short lived individuals care about the utility of their offspring who replace them in an infinitely repeated game. Each individual is unable to observe what happens before his entry in the game....

A canonical interpretation of an infinitely repeated game is that of a “dynastic” repeated game: a stage game repeatedly played by successive generations of finitely-lived players with dynastic preferences. These two models are in fact equivalent when the past history of play is observable...

In a presentation in November 2002 to the Annual Conference of the National Association for Gambling Studies in Melbourne, Productivity Commission Chairman Gary Banks provided an update on key developments in Australia’s gambling industries, three years after publication of the Commission’s...

In a presentation in November 2002 to the Annual Conference of the National Association for Gambling Studies in Melbourne, Productivity Commission Chairman Gary Banks provided an update on key developments in Australia’s gambling industries, three years after publication of the Commission’s...

In a presentation in November 2002 to the Annual Conference of the National Association for Gambling Studies in Melbourne, Productivity Commission Chairman Gary Banks provided an update on key developments in Australia’s gambling industries, three years after publication of the Commission’s...

In a presentation in November 2002 to the Annual Conference of the National Association for Gambling Studies in Melbourne, Productivity Commission Chairman Gary Banks provided an update on key developments in Australia’s gambling industries, three years after publication of the Commission’s...