In repeated games, credible threats are necessary for the players to reach a Nash equilibrium.

Name: In repeated games, credible threats are necessary for the players to reach a Nash equilibrium.
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In repeated games, Nash equilibrium can be achieved through strategies that are not necessarily based on credible threats, such as cooperation or tit-for-tat strategies, which rely on mutual interest and reciprocity rather than threats.

In Repeated Games, Credible Threats Are Necessary for the Players