When a Firm Cooperates If the Other Cooperates,but Plays the Nash

question 38

Multiple Choice

When a firm cooperates if the other cooperates,but plays the Nash equilibrium strategy forever if the other cheats,the strategy is a

• A)dominant strategy.
• B)trigger strategy.
• C)tit-for-tat strategy.
• D)wimp's strategy.
• E)cooperative strategy.

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