1. Suppose the following game is repeated infinitely. The players have a common discount factor 6 e (0,1). 2 C D 3,2 |0,5 5,0 1,1 For high enough values of o, there is an equilibrium of the infinitely repeated game in which (C, C) is played in the first 4 periods followed by (D, D) in sub- sequent periods. Is this true or false? Explain carefully