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Firm A and Firm B are playing a finitely repeated pricing game with an unknown number of periods. If Firm A cooperated with Firm B,
Firm A and Firm B are playing a finitely repeated pricing game with an unknown number of periods. If Firm A cooperated with Firm B, they receive $12 each period the game is played. If Firm A cheats, they receive a one-time payment of $80 and $0 every other period of play. If = 0.2, Firm A has an incentive to ________. Multiple choice question. cooperate cheat
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