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The Probability That a Two-Player, Repeated Game Comes to an End

Question 34

Multiple Choice

The probability that a two-player, repeated game comes to an end in each stage is 2. When 0 < 2 < 1, this game may be treated as:


A) A one-time game.
B) A finitely-repeated game with a certain end.
C) A finitely-repeated game with an uncertain end.
D) An infinitely-repeated game.
E) Answers a and b are correct.

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