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Consider a Repeated Prisoner's Dilemma Where Firms Engage in a Tit-For-Tat

Question 58

Multiple Choice

Consider a repeated prisoner's dilemma where firms engage in a tit-for-tat strategy.If your partner _______ on the first interaction you would then _______ in your next interaction with her.


A) defected;cooperate
B) defected;defect
C) cooperates;defect
D) defected;refuse to play
E) cooperates;refuse to play.

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