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Game theory predicts non-cooperative behavior for a one-shot Prisoner's dilemma.By repeating the game, say 20 rounds, it becomes possible to adopt more complexstrategies that allow
Game theory predicts non-cooperative behavior for a one-shot Prisoner's dilemma.By repeating the game, say 20 rounds, it becomes possible to adopt more complexstrategies that allow cooperative play as a subgame perfect Nash Equilibrium in atleast some rounds of the game
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