In a repeated game how does the outcome differ if
In a repeated game, how does the outcome differ if firms know that the game will be?
(a) Repeated indefinitely,
(b) Repeated a known, finite number of times,
(c) Repeated a finite number of times but the firms are always unsure whether the current period will be the last?

Membership TRY NOW
  • Access to 800,000+ Textbook Solutions
  • Ask any question from 24/7 available
    Tutors
  • Live Video Consultation with Tutors
  • 50,000+ Answers by Tutors
OR
Relevant Tutors available to help