A Trigger Strategy Is One in Which a Player

question 16

Multiple Choice

A trigger strategy is one in which a player

• A)cooperates in the current period if the other player cooperated in the previous period,but cheats in the current period only if the other player cheated in the previous period.
• B)cheats in the current period if the other player cooperated in the previous period,but cooperates in the current period if the other player cheated in the previous period.
• C)cooperates in the current period if the other player has always cooperated,but cheats forever if the other player ever cheats.
• D)cheats in the current period if the other player has always cheated,but cooperates forever if the other player has ever cooperated.
• E)changes his or her strategy in a random manner.

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Definitions:

Punctuated Meaning

A situation where a sudden event or realization leads to a significant change in understanding or interpretation of a situation or concept.

Adaptivity

The ability to change or be changed in order to fit or work better in some context or for some purpose.

Karl Weick

An influential American organizational theorist known for his work on sensemaking, organizational behavior, and the process of organizing.

Nonprofit Organization

An organization that operates for the promotion of a certain cause or the well-being of a specific group of people, without profit being the primary aim.