Question: Suppose the following stage game is repeated infinitely many times. Use a graph to show on the v1-v2 plane all the average payoff pairs

Suppose the following stage game is repeated infinitely many times. Use a

Suppose the following stage game is repeated infinitely many times. Use a graph to show on the v1-v2 plane all the average payoff pairs that can be attained by an SPE with a sufficiently high discount factor 8. Playerl U L 3, 1 D 2,3 Player2 R 1,2 5, 1

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