Lengths of punishment in subgame perfect equilibrium-nbsp


Lengths of punishment in subgame perfect equilibrium:-

Is there any subgame perfect equilibrium of an infinitely repeated Prisoner's Dilemma (with payoffs as in Figure 389.1), for any value of δ, in which each player's strategy involves limited punishment, but the lengths of the punishment are different for each player?

If so, describe such a subgame perfect equilibrium; if not, argue why not.

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Game Theory: Lengths of punishment in subgame perfect equilibrium-nbsp
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