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Consider the Prisoner's Dilemma as below: Player 1 W|HW|NNIH Cooperate Defect B. 8> C. 8 2013/2 Player 2 Cooperate 2,2 3, -1 If the
Consider the Prisoner's Dilemma as below: Player 1 W|HW|NNIH Cooperate Defect B. 8> C. 8 2013/2 Player 2 Cooperate 2,2 3, -1 If the game is "infinitely" repeated, what is the discount factor to get the subgame-perfect equilibrium? A. 8> Defect -1.3 0,0
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Introduction to Behavioral Economics
Authors: David R. Just
1st edition
0470596228, 978-0470596227
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