Question: Question 4 4 pts Two players are playing a repeated game with a prisoner's dilemma game as the stage game. Each player's possible actions in

Question 4 4 pts Two players are playing a
Question 4 4 pts Two players are playing a repeated game with a prisoner's dilemma game as the stage game. Each player's possible actions in the stage game are confess" and "keep quiet". The outcome that yields the highest sum of payoffs for the two players in the stage game is ("keep quiet","keep quiet"). but ("confess", "confess") is the unique Nash equilibrium in the stage game. The players value money received in the future equally to money received today (ie, they do not discount future payoffs). You do not need to provide numeric answers for either part of this problem. Just explain your reasoning Part A: For this part, assume that after each stage of the game, an independent random draw determines whether they will continue the game for an additional round, or stop playing and never see each other again. The probability of continuing the game after each stage is A, with O

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