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1. Watch the Video from Marginal Revolution University Ofce Hours: Game Theory (link here). Based on the lecture and Ostrom (1990) Governing the Commons chapter

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1. Watch the Video from Marginal Revolution University \"Ofce Hours: Game Theory\" (link here). Based on the lecture and Ostrom (1990) Governing the Commons chapter 1, how might Al and Bob enforce their promise to each other to perform once a week? What institutions or social norms might they rely on? Explain. (68 points)

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