Consider the Prisoner's Dilemma as below: Player 2 Cooperate 2, 2 3,-1 Defect Соорerate Defect -1,3 0,0 Player 1 If the game is "infinitely" repeated, what is the discount factor to get the subgame-perfect equilibrium? А. 8 2 В. 62 C. 82

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Aa4. 

Consider the Prisoner's Dilemma as below:
Player 2
Defect
Cooperate
Defect
Cooperate
2, 2
3,-1
-1, 3
0,0
Player 1
If the game is "infinitely" repeated, what is the discount factor
to get the subgame-perfect equilibrium?
A. 82
B. 82
C. 8 2
Transcribed Image Text:Consider the Prisoner's Dilemma as below: Player 2 Defect Cooperate Defect Cooperate 2, 2 3,-1 -1, 3 0,0 Player 1 If the game is "infinitely" repeated, what is the discount factor to get the subgame-perfect equilibrium? A. 82 B. 82 C. 8 2
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