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Why is one a matrix and the other a tree

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Reference no: EM132680464

Question: 1. Video: The Iterated Prisoner's Dilemma and The Evolution of Cooperation (By )

Watch this video and answer: In the video, they played the game about 200 times. That is long enough that people may treat it as infinite. However, imagine if you played this just TWO times. Now, try to think ahead: in the second period, would you expect the players to defect or cooperate? And given that answer, how would that impact the first period?

2. Video: Subgame Perfect Nash Equilibrium (By The Economics Detective)

Watch this video and answer: What is the key difference between a simultaneous game and a sequential game, ie, Why is one a matrix and the other a tree?

Reference no: EM132680464

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Why is one a matrix and the other a tree : What is the key difference between a simultaneous game and a sequential game, ie, Why is one a matrix and the other a tree?
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