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8. Use the payoffs T>R>P> Sto make the game defect cooperate to the right the Prisoner's Dilemma. Use each Defect payoff once per player. DO
8. Use the payoffs T>R>P> Sto make the game defect cooperate to the right the Prisoner's Dilemma. Use each Defect payoff once per player. DO NOT substitute Cooperate numerical values for the symbolic payoffs. a. Under what conditions (on t) is the Grim Trigger Strategy a Nash equilibrium for the repeated version of the game when t is the expected number of additional periods. b. Provide intuition for the conditions that you found in (a). Also provide a graph with payoffs on the Y-axis and time on the X-axis that supports you intuition. Note: in deriving your answer you do not need to make a new game box. Be judicious about the payoffs that you compare
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