A Trigger Strategy Is a Type of Strategy in an Infinite

question 15

True/False

A trigger strategy is a type of strategy in an infinite horizon repeated game where one deviation triggers an infinite punishment; also known as a grim strategy.

---

Definitions:

Employee

An individual who works for an employer and is entitled to receive compensation in exchange for their labor or services.

Independent Contractor

An individual who provides services to another entity under terms specified in a contract or within a verbal agreement, unlike an employee who works regularly for a single employer.

Supervision

The act of overseeing or managing activities and personnel to ensure that tasks are performed correctly, safely, and efficiently.

Workers' Compensation

A form of insurance providing wage replacement and medical benefits to employees injured in the course of employment.