In a finitely repeated prisoner’s dilemma what is the optimal strategy for each player?
Here is the video on Oligopoly that he played in class.
https://ocw.mit.edu/courses/economics/14-01sc-principles-of-microeconomics-fall-2011/unit-5-monopoly-and-oligopoly/oligopoly-i
Please add references and in-text citations.
Minimum 250 words
Reference
Managerial Economics & Business Strategy, 9th ed.
Michael R. Baye & Jeff Prince
McGraw-Hill Irwin, 2016
ISBN: 978-1259290619
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