A gaming strategy in which one player states that he/she would break the agreement for eternity if his/her co-player breaks the agreement once is called:
A)a grim trigger.
B)a credible threat.
C)a chain-store paradox.
D)a dominance pull.

Question

Quizplus · Accepted Answer

A grim trigger is a strategy in game theory where one player promises to cooperate as long as the other player keeps to the agreement, but if the other player breaks the agreement, the first player retaliates by breaking the agreement for eternity. This strategy is known to be effective in deterring the other player from breaking the agreement, as the consequences of doing so are severe and long-lasting. Therefore, the best choice is A) a grim trigger.

A Gaming Strategy in Which One Player States That He/she