Nike and Reebok (athletic shoe companies)are considering whether or not to advertise during the Super Bowl.Devise a simple prisoners' dilemma game to demonstrate the strategic considerations that are relevant to this decision.Does the repeated game scenario differ from a single period game? Is it possible that a repeated game (without collusive agreements)could lead to an outcome that is better than a single-period game? Explain the circumstances in which this may be true.

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The Answer of Nike and Reebok (athletic shoe companies)are considering whether or not to advertise during the Super Bowl.Devise a simple prisoners' dilemma game to demonstrate the strategic considerations that are relevant to this decision.Does the repeated game scenario differ from a single period game? Is it possible that a repeated game (without collusive agreements)could lead to an outcome that is better than a single-period game? Explain the circumstances in which this may be true.

Nike and Reebok (Athletic Shoe Companies)are Considering Whether or Not