A Trigger Strategy Can Be Used

question 60

Multiple Choice

A trigger strategy can be used

• A)in a single-play game or a repeated game.
• B)in a single-play game but not a repeated game.
• C)in a repeated game but not a single-play game.
• D)in neither a single-play game nor a repeated game.
• E)only when there is no Nash equilibrium.

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Definitions:

Interstate

Pertaining to the movement, transportation, or trade between two or more states within a country.

Intrastate

Activities or commerce that occur exclusively within the boundaries of a single state and are not subject to federal jurisdiction.

Alien

A foreign national who is not a citizen of the country in which they are living.

Foreign

Relating to or originating from a country other than one's own, often associated with international laws, transactions, or entities.