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All help is appreciated for this question! There is no other graph, table, or chart. The topic is: Infinitely Repeated Games for Game Theory. 1.

All help is appreciated for this question! There is no other graph, table, or chart. The topic is: Infinitely Repeated Games for Game Theory.

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1. Consider an innitely repeated game in which the stage game above is repeated forever. Assume that players use a grim trigger strategy in which they both play C unless one of them cheats, in which case they revert back to D for the rest of their lives. (a) (10 points) Find the condition for 61 under which Player 1 would play C forever as a subgame perfect equilibrium strategy. (b) (10 points) Find the condition for 62 under which Player 2 would play C forever as a subgame perfect equilibrium strategy

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