Consider an iterated prisoner's dilemma with the following stage game.

Consider an iterated prisoner's dilemma, with the following stage game. C D 2 C d 3, 3 0, 4 4, 0 1, 1 5.4 Consider a strategy called Limited Punishment. This strategy is defined as follows. If no player defected in the immediately prior round, play cooperate. If any player defected in the previous round, play defect in the current round no matter what, but also play cooperate in the following round no matter what (despite the defection). Consider the candidate equilibrium (Limited Punishment; Limited Punishment). Identify all possible states the game can take given those strategies, and draw trees for all states identifying which outcomes lead to which future states