Can players achieve payoffs in one-shot nash equilibrium
Suppose this game is infinitely repeated and the interest rate is 5%. Can the players achieve payoffs that are better than the one-shot Nash equilibrium? Explain
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Suppose the players know this game will be repeated exactly three times. Can the players achieve payoffs that are better than the one-shot Nash equilibrium? Explain.
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Just one page with two paragrahs about how interest rate affects our purchasing decisions and indentify the topic sentence in each one by underlining it.
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