If Each Player in a Repeated Game Responds by Imitating

question 129

Multiple Choice

If each player in a repeated game responds by imitating the action of an opponent in the previous round, the players are following a:

• A)repeated cooperation agreement.
• B)collusion plan.
• C)commitment strategy.
• D)tit-for-tat strategy.

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Definitions:

Plunging Anticline

A fold in rock layers that slopes downward from the crest, usually indicating compression forces within the Earth's crust.

Asymmetric Anticline

A geological fold that is not symmetrical about its axis, indicating differential movement or deformation.

Horizontal Syncline

A geological fold with layers that dip towards the center from both sides, and typically have a horizontal or nearly horizontal axis.

Thrust Fault

A reverse fault that has a gentle dip.