Strategies and incentives used in one-time games when games are repeated:
A)continue to work the same.
B)often work quite differently.
C)would never be used.
D)None of these statements are true.

Question

Quizplus · Accepted Answer

In repeated games, strategies and incentives often evolve because players have the opportunity to react to the actions of others over time, leading to different dynamics than in one-time games. This can include strategies like tit-for-tat in repeated prisoner's dilemma games, where cooperation or defection is based on the opponent's previous move.

Strategies and Incentives Used in One-Time Games When Games Are