Author Question: A tit for tat strategy a. Generates the same result as the prisoner's dilemma. b. Provides a way to ... (Read 160 times)

leilurhhh · **on:** Jun 30, 2018

A tit for tat strategy
a. Generates the same result as the prisoner's dilemma.
b. Provides a way to punish rivals who defect from the jointly optimum behavior
c. Means that a firm would cooperate as long as other firms cooperated.
d. Both b. and c. are true

Question 2

A sole proprietor has limited liability and cannot be forced to pay its creditors from his/her personal resources.
Indicate whether the statement is true or false