Ask Question
7 August, 05:58

Repeated games with reciprocity tend to reduce the payoffs for both players, as compared to a one-time game with a similar payoff matrix.

a. True

b. False

+5
Answers (1)
  1. 7 August, 08:11
    0
    False

    Explanation:

    Repeated games tends to increase the payoff for both players because there is an incentive for both players to collude because of the fear for future. Both of them knows if they didnt collude, nash equilibrium will be played further which is less than colluding outcome.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Repeated games with reciprocity tend to reduce the payoffs for both players, as compared to a one-time game with a similar payoff matrix. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers