A trigger strategy can be used
A)in a single-play game or a repeated game.
B)in a single-play game but not a repeated game.
C)in a repeated game but not a single-play game.
D)in neither a single-play game nor a repeated game.
E)only when there is no Nash equilibrium.

Question

Quizplus · Accepted Answer

Trigger strategies are relevant in repeated games because they involve a conditional strategy that depends on the history of play, which doesn't exist in single-play games. They are used to enforce cooperation or to deter defection in repeated interactions, not applicable in a one-time game scenario.

A Trigger Strategy Can Be Used