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What about if the game is repeated? In particular, can trusting play that increases earnings of both players be sustained as an equilibrium of the
What about if the game is repeated? In particular, can "trusting" play that increases earnings of both players be sustained as an equilibrium of the repeated game even if we maintain the assumption of standard preferences where players' goal is to maximize only their own monetary earnings? [Hint: Consider how this repeated interaction between a pair of players ends.] Show all your work and describe carefully any strategies that you think can support cooperative, trusting play as an equilibrium
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