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    Under natural conditions on goals, iterated games admit e... — Carmelics
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    Supports→Iterated games can have novel equilibria not supervenient on the base game's Nash equilibria

    Under natural conditions on goals, iterated games admit equilibria that go beyond those of the base game

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    Just as with finite games, players’ preferences must be specified for studying equilibria in potentially infinite games. In lack of outcome nodes or final moments to attach preferences to, these are naturally thought of in terms of players’ goals, expressed as properties the game’s histories should satisfy. Such goals can be local propositional facts true at some particular moment. But goals can also concern global properties of histories such as avoiding or reaching the same position some speci

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