Question: Consider a trust game between two players. Suppose the players care only about their own payoffs. The payoffs are such that, in equilibrium, the players
Consider a trust game between two players. Suppose the players care only about their own payoffs. The payoffs are such that, in equilibrium, the players do not trust each other, leading to a socially inefficient equilibrium. How could the game be changed so that in equilibrium the players do trust one another? Part 2 A. . B. Ensure that cheating cannot be detected. C. . D. Convince the other player that you care only about your own payoff
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