If each player in a repeated game responds by imitating the action of an opponent in the previous round, the players are following a:
A)repeated cooperation agreement.
B)collusion plan.
C)commitment strategy.
D)tit-for-tat strategy.

Question

Quizplus · Accepted Answer

Tit-for-tat is a strategy in repeated games where a player replicates the opponent's previous action. This approach fosters cooperation by rewarding cooperative behavior with cooperation and punishing defections with defection.

If Each Player in a Repeated Game Responds by Imitating