Examlex
Why is collusion more likely in a repeated game?
Cheat
To act dishonestly or unfairly in order to gain an advantage.
Learning
The process of acquiring knowledge or skills through study, experience, or being taught.
Thinking
The process of considering or reasoning about something; the intellect's action of forming opinions, judgments, or plans.
Payoff Table
A decision analysis tool that summarizes the outcomes of different decisions in various states of nature, typically showing the payoff or loss for each combination of decision and state.
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