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Topic: Infinitely Repeated Games ; Subtopic: Discounting Q: Write the discounted lifetime payoffs for the following stage payoff sequences, for a discount factor of :

Topic: Infinitely Repeated Games; Subtopic: Discounting

Q: Write the discounted lifetime payoffs for the following stage payoff sequences, for a discount factor of :

5, 3, 3, 3, 3, . . .

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