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Consider a Repeated Prisoner's Dilemma Game

Question 34

Multiple Choice

Consider a repeated prisoner's dilemma game. The likelihood of a cooperative outcome rises 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 difficult to detect.
D) The one-time gain from cheating is large in comparison to the eventual cost of cheating.

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