For players in a repeated-play game to achieve cooperation:
A)there is no need to enter into public commitment strategies or explicit agreements.
B)the players must reach an explicit agreement to cooperate.
C)the players need not explicitly state an agreement to cooperate,but must publicly display a commitment strategy.
D)None of these statements is true.

Question

Quizplus · Accepted Answer

In repeated-play games, cooperation can be achieved through implicit understanding and strategies like tit-for-tat, without the need for explicit agreements or public commitments.

For Players in a Repeated-Play Game to Achieve Cooperation