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    Microeconomics Study Set 45
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    Exam 14: Oligopoly and Strategic Behavior
  5. Question
    In Repeated Games, Players May Be Willing to Accept Lower
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In Repeated Games, Players May Be Willing to Accept Lower

Question 3

Question 3

True/False

In repeated games, players may be willing to accept lower payoffs in the short run in exchange for greater net payoffs over the long run.

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