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What is it?
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We assume that both players were rational.
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We assumed that. That's true,
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but we've kind of been assuming that throughout backward induction.
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You're right none of this backward induction
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would apply so cleanly if we didn't assume that.
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What else do I assume?
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It's hidden actually, I snuck it in.
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We assume the discount factor is a constant, that's true,
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but not just constant but something else.
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You're on the right lines.
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They're the same.