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 Dsp 5 Form 2011

Dsp 5 2011-2024 Form

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So last time we were focusing on repeated interaction and that's what we're going to continue with today there's a lot of things we could study under a piece interaction but the emphasis we're going to of this week is can we attain and we achieve cooperation in business or personal relationships without contracts by use of the fact that these relationships go on over time and our central intuition where we started from last time was perhaps the future of a relationship can provide incentives for good behavior today I can provide incentives for people not to cheat so specifically it says think on example we'll go back to where we were last time specifically suppose I have a business relationship an ongoing business relationship with Jake and each period I'm supposed to supply Jake with some inputs for his business let's say some fruit and each period he's supposed to ride me with some input for my business namely vegetables all right and clear there are opportunities here in each period

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