Question: nment 1 Player 2 Strategy C D A 30, 30 80, 20 Player 1 B 20, 80 45, 45 a. Identify the one-shot Nash equilibrium.

nment 1 Player 2 Strategy C D A 30, 30 80,

nment 1 Player 2 Strategy C D A 30, 30 80, 20 Player 1 B 20, 80 45, 45 a. Identify the one-shot Nash equilibrium. O ( A, D) O (A,C) O (B,C) O ( B,D) b. Suppose the players know this game will be repeated exactly three times. Can they achieve payoffs that are better than the one- shot Nash equilibrium? O Yes O No c. Suppose this game is infinitely repeated and the interest rate is 6 percent. Can the players achieve payoffs that are better than the one-shot Nash equilibrium? Yes O No

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