Which one of the following is not a feature of the tit-for-tat strategy?
A)A tit-for tat strategy delivers limited punishments for an opponent's defections.
B)A tit-for-tat strategy by both firms supports a cooperative high payoff equilibrium.
C)A defection by an opponent is punished with a perpetual defection to the low-payoff strategy.
D)The tit-for-tat strategy is such that neither firm has an incentive to be the first to defect.
E)The tit-for-tat strategy is a contingent strategy to resolve a prisoner's dilemma.

Question

Quizplus · Accepted Answer

The tit-for-tat strategy does not involve perpetual defection in response to an opponent's single defection. Instead, it involves mirroring an opponent's previous move, either cooperating or defecting, in the subsequent round.

Which One of the Following Is Not a Feature of the Tit-For-Tat