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The Likelihood of a Cooperative Outcome in a Repeated Prisoners

Question 8

Multiple Choice

The likelihood of a cooperative outcome in a repeated prisoners' dilemma type game decreases when:


A) they value payoffs in future periods much less than they value payoffs in the current period.
B) interactions between the players are frequent.
C) cheating is easy to detect.
D) the one-time gain from cheating is small in comparison to the eventual cost of cheating.

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