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It is often unclear whether the model and solution are an application of elements of this theory or whether the situation is novel.

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8 Mar 2018 Matthew Backus† Thomas Blake‡ Brad Larsen§ Steven Tadelis¶ game theory concept of Nash bargaining, where players choose a price  In game theory, a multi-stage game is a sequence of several simultaneous games played one after the other. This is a generalization of a repeated game: a 

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