In his seminal paper of 1928, Ramsey conjectured that if agents discounted the future differently, in the long run all agents except the most patient would live at the subsistence level. The validity of this conjecture was investigated in different environments. In particular, it has been...

We examine self-referential games in which there is a chance of understanding an opponent's intentions. Our main focus is on the interaction of two sources of information about opponents' play: direct observation of the opponent's code-of-conduct, and indirect observation of the opponent's play...