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I want to focus on the issue of cooperation
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The question behind everything this week is going to be
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can repeated interaction among players
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both induce and sustain cooperative behavior
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or if you like "good behavior"
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Our canonical example is going to be Prisoners' Dilemma
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Way back in the very first class
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we talked about Prisoners' Dilemma
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and we mentioned that playing the game repeatedly
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might be able to get us out of the dilemma.
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It might be able to enable us to sustain cooperation.
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And what's going to be good about