When there’s uncertainty as to the length of a game A) cooperation st
When there’s uncertainty as to the length of a game
A) cooperation still does not occur, because cooperation unravels at the beginning of the game.
B) cooperation can potentially occur if trigger strategies are adopted.
C) firms will cooperate because they treat the game as one that is infinitely repeated.
D) firms will randomly pick among the Nash equilibria.
ANSWER
B
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