Suppose the following game is played infinite times in the future. Time discount is 0.39. What should be the value of x
Posted: Thu May 19, 2022 8:35 am
Suppose the following game is played infinite times in the future. Time discount is 0.39. What should be the value of x so that the equilibrium strategy is (Cooperate, Cooperate)? Player 1 Cooperate Defect Player 2 Cooperate Defect (x,x) (2, 20) (20, 2) (5,5)