Bó, Ernesto Dal; Bó, Pedro Dal; Tella, Rafael Di - In: Journal of Economics & Management Strategy 16 (2007) 3, pp. 577-598
"We present a model where a long run player is allowed to use both money transfers and threats to influence the decisions of a sequence of short run players. We show that threats might be used credibly (even in arbitrarily short repeated games) by a long-lived player who gains by developing a...