A trigger strategy
A) is always a dominant strategy.
B) is used to punish the player that reneges on agreements.
C) is used to reward the player that never reneges on agreements.
D) is a best response whenever all players cooperate.

Question

Quizplus · Accepted Answer

A trigger strategy is used to punish the player that reneges on agreements. It involves a player initiating a punishment strategy if another player breaks the agreement. This can deter players from breaking an agreement in the first place, as they know there will be consequences. Therefore, B is the best choice.

A Trigger Strategy