Multiple Choice
In an oligopoly game,the incentive to cheat is reduced when:
A) it is a one-period game and there are only a few players.
B) the game is repeated a finite number of times and all players are aware of it.
C) it is a one-period game and the payoffs from cooperation are higher than the payoffs from cheating.
D) the game is repeated indefinitely and there is a threat of retaliation in subsequent periods.
Correct Answer:

Verified
Correct Answer:
Verified
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