That strategic rivalry in a long-term relationship may differ from that of a one-shot game is by now quite a familiar idea. Repeated play allows players to respond to each other's actions, and so each player must consider the reactions of his opponents in making his decision. The fear of retaliation may thus lead to outcomes that otherwise would not occur. The most dramatic expression of this phenomenon is the celebrated "Folk Theorem." An outcome that Pareto dominates the minimax point is called individually rational. The Folk Theorem asserts that any individually rational outcome can arise as a in infinitely repeated games with sufficiently little discounting.
Eric MaskinRelated topics
fear folk game idea lead making now play point quite theorem thus ParetoRelated quotes
...as we do bring our troops home, we cannot lose sight of our very real strategic national interests in this region... I will order specialized units to engage in narrow and targeted operations against al Qaeda and other terrorist organizations in the region. They will also provide security for U.S. troops and personnel and train and equip Iraqi security services to keep order and promote stability in the country, but only to the extent we believe such training is actually working. I would also consider, as I have said before, leaving some forces in the Kurdish area to protect the fragile but real democracy and relative peace and security that has developed there.
Hillary Clinton
My beloved friend, keep your hand in that of the Master, walk daily by His side, so that you may lead others into the realms of true happiness, where a religion of hate, (which poisons both body and soul) will be unknown, having in its place the "Golden Rule" way, which is the "Jesus Way" of life, will reign supreme. Then, we can walk and talk with Jesus momentarily, because we will be attuned to His will and wishes, thus making the Creation story of the world non-debatable as to its reality. God, my beloved friend is infinite the highest embodiment of love. We are finite, surrounded and often filled with hate. We can only understand the infinite as we loose the finite and take on the infinite.
George Washington Carver
I categorically refused to consider the surrealists as just another literary and artistic group. I believed they were capable of liberating man from the tyranny of the 'practical, rational world'. I was going to become the Nietzsche of the irrational. I, the obsessed rationalist, was the only one who knew what I wanted: I was not going to submit to irrationality for its own sake, to the narcissist and passive irrationality others practiced. I would do completely the opposite. I would fight for the 'conquest of the irrational'. In the meantime my friends would let themselves be overwhelmed by the irrational, succumbing, like so many others, Nietzsche included, to that romantic weakness.
Salvador Dalí
People have many myths about anger that cause them to categorize the issue in a certain way. For instance, some people consider anger to be biological or hereditary, but this myth does not have any solid foundation. Although some people are more prone to anger due to their psychophysical make-up or emersion in the modes of passion and ignorance, their socialization or quality of association will have a greater impact on their reactions. Although we do bring forth other infl uences into a situation such as our karma, which affects the ways in which we respond to specifi c situations, it is a myth that anger is biological and a permanent, unchangeable aspect of the body.
Bhakti Tirtha Swami
Our situations are arranged by higher agents to allow us to become tired of trying to manipulate the material energy. Due to not being properly appreciative of the beauty of relationship with the Lord, humankind is given a temporary arena in which to act out our desires. This environment is designed to frustrate, disgust, and disappoint us, to make us contemplative and introspective. Ultimately it is meant to drive us away from the temporary world in favor of that which is eternal. This is arranged for us to finally realize that our happiness lies not in dabbling with the material energy but in serving the Lord unconditionally, thus becoming whole again.
Bhakti Tirtha Swami