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Consider the Prisoner's Dilemma as below: Player 2 Cooperate Defect Cooperate 2, 2 1-1. 3 Player 1 Defect 3, -1 0, 0 If the game
Consider the Prisoner's Dilemma as below: Player 2 Cooperate Defect Cooperate 2, 2 1-1. 3 Player 1 Defect 3, -1 0, 0 If the game is "infinitely" repeated, what is the discount factor to get the subgame-perfect equilibrium? A. 62 B. 62 WIHWINNIE C. 82
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