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When there’s uncertainty as to the length of a game A. cooperation can potentially occur if trigger strategies are adopted. B. firms will randomize among the Nash equilibria. C. cooperation still does not occur, b

by | Sep 8, 2023 | economics

When there’s uncertainty as to the length of a game

A. cooperation can potentially occur if trigger strategies are adopted.

B. firms will randomize among the Nash equilibria.

C. cooperation still does not occur, because cooperation unravels at the beginning of the game.

D. firms will cooperate because they treat the game as one that is infinitely repeated.

  

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