Question

If this game is played repeatedly and both firms adopt trigger strategies so that the cooperative equilibrium emerges

Select one:

a. both firms A and B will cheat

b. Firm A will cheat and Firm B will not cheat

c. Firm A will not cheat and Firm B will cheat

d. neither Firm A nor Firm B will cheat


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Answer 1

Answer:

according to me D option is correct

Answer 2

Answer:

I think d. is the correct answer ..