If this one-shot game is repeated 100 times, the Nash-equilibrium payoffs of the players will be ________________ each period.
A)(2, 2)
B)(10, -8)
C)(-8, 10)
D)(6, 6)

Question

Quizplus · Accepted Answer

Since the game is being repeated 100 times, it would be beneficial for both players to cooperate and achieve the highest payoff of (2, 2) in each period, rather than risking a lower payoff in the hopes of winning big in a single period. Therefore, the Nash equilibrium payoffs in each period would be (2, 2).

If This One-Shot Game Is Repeated 100 Times, the Nash-Equilibrium