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Repeated Games
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Repeated Games
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14. Oligopoly / Repeated Games / Problem 2
Problem 2
What is a repeated game in microeconomics?
A
A game played multiple times, allowing for strategy adjustments based on past outcomes.
B
A game where players have no knowledge of each other's past actions.
C
A game that involves only cooperative strategies.
D
A game played only once with no future interactions.
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