In a repeated prisoners' dilemma game
A)the players act sequentially.
B)the outcomes are the same as in a static prisoners' dilemma game.
C)firms' choices are not influenced by their opponents' actions.
D)cooperation may result if the game is played indefinitely.

Question

Quizplus · Accepted Answer

In a repeated prisoners' dilemma game, cooperation may result if the game is played indefinitely. This is because players have the opportunity to punish their opponent for defection in the previous rounds, which creates an incentive for both players to cooperate in the current round.

In a Repeated Prisoners' Dilemma Game