A Grim Trigger strategy is to:
A)take extreme actions whenever profits fall.
B)defect on all agreements.
C)aggressively announce actions in advance.
D)punish rivals who do not cooperate.

Question

Quizplus · Accepted Answer

A Grim Trigger strategy in game theory is a strategy where a player cooperates until the other player defects (does not cooperate), after which the player defects indefinitely. This strategy is used to enforce cooperation by punishing non-cooperation with permanent defection.

A Grim Trigger Strategy Is To