a b C a 0,0 3, 1 2,0 b 1, 3 2, 2 0, 0 C 0, 2 0, 0 1, 1 Assume the game is infinitely repeated and players discount future payoffs with a factor S E (0, 1). Is there a subgame perfect equilibrium in the infinitely repeated game (for 8 close to one) where the action profile (b, b) is played every period? If so, describe fully the strategies and show that they constitute a SPE. If not, show why it cannot be a SPE