If the Prisoners' Dilemma Is Repeated Over and Over Again

question 7

Multiple Choice

If the Prisoners' Dilemma is repeated over and over again with the same two players having an indefinite time horizon,

• A)the unique equilibrium is to play the Nash equilibrium of Rat each period.
• B)players can cooperate on Silent if they are not too patient.
• C)players can cooperate on Silent if they are patient enough.
• D)players can only cooperate on Silent in the initial stages of the game.

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Definitions:

Agents and Structures

Describes the dynamic between individual actors (agents) who possess agency, and the social structures that influence or constrain their actions and decisions.

Pierre Bourdieu

A French sociologist and public intellectual known for his theories on habitus, cultural capital, and the social structures of society.

Constructivism

A theory in education and sociology that knowledge is constructed by learners as they engage with the world around them, emphasizing active learning.

Structuralism

A theoretical perspective that emphasizes the importance of underlying structures in understanding human culture, society, and psychology.