Repeated play can change the outcome in sequential games by:
A)reducing the first-mover advantage.
B)removing the incentive to cooperate.
C)making collusion more probable.
D)increasing the incentive to defect.

Question

Quizplus · Accepted Answer

Repeated play can reduce the first-mover advantage by giving the second mover an opportunity to learn from the first mover's actions and adjust their own strategy accordingly.

Repeated Play Can Change the Outcome in Sequential Games By