Game theory reveals how to maximize profits in uncertain environments.
The article explores how well screening works in a game where one player can stop the game at any time. The players' payoffs depend on the actions taken and the agent's type. As the players become more patient, their equilibrium outcomes become more predictable. The principal only learns some information about the agent's type, and any important information is revealed at the start of the game. The probability of the principal stopping the game varies depending on the agent's type.