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Repeated Games
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Problem 10
Repeated Games
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14. Oligopoly / Repeated Games / Problem 9
Problem 9
In a repeated game, if Player A cheats in the first round and Player B cooperates, what should Player B do in the second round using a tit for tat strategy?
A
Player B should ignore Player A's actions.
B
Player B should cooperate.
C
Player B should cheat.
D
Player B should switch to a trigger strategy.
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