In a tit-for-tat strategy, a player
A)randomly punishes its rival.
B)ensures that the joint profit is maximized in each round.
C)copies the action of its rival's prior move in the subsequent rounds.
D)maximizes the joint profit in the game.

Question

Quizplus · Accepted Answer

In a tit-for-tat strategy, the player copies the action of its rival's prior move in the subsequent rounds. This means that if the rival player cooperates, the player also cooperates, and if the rival player defects, the player also defects. This strategy is effective in promoting cooperation and maintaining trust between the players in repeated interactions.

In a Tit-For-Tat Strategy, a Player