The article explores how game theory can be used to understand situations where games are played repeatedly. By analyzing different types of repeated games, the researchers found that players can achieve different outcomes based on the length of the game and their strategies. They discovered that in repeated games, players can reach equilibrium where each player receives at least their minimum possible payoff. Additionally, they showed that the outcomes of infinitely repeated games are different from those of finite games. The researchers also found that discounted games, which consider the time value of money, have unique equilibrium outcomes compared to other types of repeated games.