If two players are in a finitely repeated game and both players know the final period, cooperation is not possible due to the end- period problem.

Question

Quizplus · Accepted Answer

If both players know the final period, they have no incentive to cooperate in any of the earlier periods. In the final period, they will play the non-cooperative strategy since there will be no future repercussions. This is known as the end-period problem, and it prevents cooperation in finitely repeated games when players know the final period.

If Two Players Are in a Finitely Repeated Game and Both