Solved

Which One of the Following Is Not a Feature of the Tit-For-Tat

Question 16

Multiple Choice

Which one of the following is not a feature of the tit-for-tat strategy?


A) A tit-for tat strategy delivers limited punishments for an opponent's defections.
B) A tit-for-tat strategy by both firms supports a cooperative high payoff equilibrium.
C) A defection by an opponent is punished with a perpetual defection to the low-payoff strategy.
D) The tit-for-tat strategy is such that neither firm has an incentive to be the first to defect.
E) The tit-for-tat strategy is a contingent strategy to resolve a prisoner's dilemma.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions