For players in a repeated-play game to achieve cooperation:
A) the players must reach an explicit agreement to cooperate.
B) the players need not explicitly state an agreement to cooperate, but must publicly display a commitment strategy.
C) there is no need to enter into public commitment strategies or explicit agreements.
D) there is no need for players to collude.

Question

Quizplus · Accepted Answer

In repeated-play games, cooperation can emerge through strategies like tit-for-tat, where players reciprocate each other's actions, fostering cooperation without explicit agreements or public commitments.

For Players in a Repeated-Play Game to Achieve Cooperation