Player || C D A 1,1 7,1 B -1,-1 4,5 Player | action in the second period. Player 2 plays action D in the first period, and plays action in the second if the first period outcome was (ED) and plays action othenNise. Consider the stage game above and suppose it is repeated twice without discounting. There exist a SPNE in which the first period outcome is (B,D). To support this SPNE player 1 plays action B in the first period and