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Please help me answer asap! Determine and discuss the Nash equilibrium payoffs (each period) if the game is played only 2 times (and both players
Please help me answer asap! Determine and discuss the Nash equilibrium payoffs (each period) if the game is played only 2 times (and both players know this)? Suppose the game is repeated over and over again, with players not knowing when it will be the last time they will play the game. If players use trigger strategies and value future payoffs sufficiently highly, then how much can each player earn per period?
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