Matthews, Steven A. - In: Theoretical economics : TE ; an open access journal in … 8 (2013) 2, pp. 365-403
This paper concerns multistage games, with and without discounting, in which each player can increase the level of an action over time so as to increase the other players' future payoffs. An action profile is said to be achievable if it is the limit point of a subgame perfect equilibrium path....