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A Finitely Repeated Game Differs from an Infinitely Repeated Game

Question 34

Multiple Choice

A finitely repeated game differs from an infinitely repeated game in that:


A) The former needs a lower interest rate to support collusion than the latter needs.
B) There is an end-of-period problem for the former.
C) A collusive outcome can usually be sustained in the former but not the latter.
D) All of the statements associated with this question are correct.

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