30. How many different possible equilibria (combinations of strategies) are there that could sustain some kind of cooperation in 1,000 repetitions of the following stage game. Frank Sinatra My Way Under My Where or Skin When Summertime 7, 9 8, 5 1, 11 Lou Rawls You'll Never g 3 Find 3, 5 5, 6 Tobacco Road 5, 5 6, 8 4, 2 a . 0 b. 1 C. 2 d. More than 2 Answer : 31. In the context of game theory, commitment is: a. Taking an otherwise harmful action prior to play with a strategic competitor in order to distort the competitor's action. b. Taking an action early in a repeated game to ensure cooperation . A way of locking in to a better equilibrium for all players. d. (s) A fictional Irish soul ensemble.Answer: 17 . Players Column and Row {Bro?) have a small business together1 but each would rather the other do all the work while they slack off and watch Bill Wurlz videos on youtube. What is the smallest delta (rate of time preference} that would make player Row want to cooperate if their business is represented by the following innitely repeated game? a. EIS b. ll5 c. 2f3 d. 0.75 Answer: 13 . Players Column and Row have a small business together, but each would rather the other do all the work while they slack off and watch Diplo videos on Youtube. What minimum delta (Rate of time preference) would make player column want to cooperate, if both are playing a 1 period punishment strategy {cheating is followed by 1 period of punishment and then both retum to cooperation), and their business can be represented by infinite repetitions of the following game? . lf2 d. There is no rate of time preference