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Why is collusion more likely in a repeated game? Explain using one example.

Why is collusion more likely in a repeated game? Explain using one example.

Exploring Economics
Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter15: Oligopoly And Strategic Behavior
Section: Chapter Questions
Problem 18P
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Why is collusion more likely in a repeated game? Explain using one example.

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