Question: 1. Could competing firms that will have future interactions be more likely to make cooperative pricing decisions than the basic prisoner's dilemma game predicts? Explain
1. Could competing firms that will have future interactions be more likely to make cooperative pricing decisions than the basic prisoner's dilemma game predicts? Explain your reasoning.
2. How do communications among managers of competing firms at professional conferences or trade shows conflict with the no-communication assumption of the prisoner's dilemma?
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