For a commitment strategy to work:
A)the punishment must be so bad that it outweighs the incentive to defect.
B)the punishment must occur immediately after the game is played.
C)both players must agree to a punishment.
D)no player may have a dominant strategy.

Question

Quizplus · Accepted Answer

For a commitment strategy to be effective, the punishment for defecting must be severe enough to deter players from choosing to defect, ensuring that the cost of defection outweighs any potential short-term gains. This creates a credible threat that encourages cooperation.

For a Commitment Strategy to Work