[PEN-L:34239] Re: short vs. long-run contracts

[Sabri Oncu <soncu@xxxxxxxxxxx>]

Gill writes:

> If the paper Sabri refers to is the 1991 J. Ec. Theory
> paper by these three authors, the point of the Fudenberg
> et al. paper is a bit more specific, and correspondingly
> less silly, than Sabri's short summary would suggest.

I beg to differ Gill. As the abstract I chopped demonstrates,
what they did is even sillier than my short summary suggests.
I was just doing a favor to some fellow mathematicians, however
psuedo they may be, by not hanging their dirty laundry in the
open.

Best,

Sabri