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Please answer the following questions with explanations, I will leave a good review! 2. Why does infinitely repeated game can involve cooperation in the case

Please answer the following questions with explanations, I will leave a good review!

2. Why does infinitely repeated game can involve cooperation in the case of the Prisoner's Dilemma? If the payoffs of a game are the following: DV 33 DV a. b. c Find the Nash equilibrium. Draw the normal form when player 1 moves first and find the NEs? Draw the extensive form when player 1 moves first and FIND the SPNEQ Explain why it is SPNEQ

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