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" "Repetition acts as an enforcement mechanism: It makes cooperation achievable when it is not achievable in the one-shot game, even when one replaces strategic equilibrium as the criterion for achievability by the more stringent requirement of perfect equilibrium.
Robert Aumann (born 1930, in Frankfurt,Germany) is an Israeli mathematician, Professor Emeritus at the Hebrew University of Jerusalem, who won the 2005 Nobel Memorial Prize in Economic Sciences.
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