Question

In: Economics

In repeated games, players do not have the opportunity to build a reputation and to discover...

In repeated games, players do not have the opportunity to build a reputation and to discover more about the opponent.

True False

Solutions

Expert Solution

False

Explanation: In a repeated game, the strategic game is played multiple times of a period of time. Therefore, the players get opportunities to build trust and inform the opponent about them through their strategic actions in multiple rounds.


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