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Q1. Suppose two players infinitely repeatedly play the following game: 2 C D C 3, 3 0, 5 D 5, 0 2, 2 The two

Q1. Suppose two players infinitely repeatedly play the following game: 2 C D C 3, 3 0, 5 D 5, 0 2, 2 The two players have the same discount factor S. 1) Find the range of 8 such that players playing the grim-trigger strategy constitutes a Nash equilibrium. 2) Find the range of o such that players playing the tit-for-tat strategy constitutes a Nash equilib rium

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