When a player faces the same strategic interaction a fixed number of times, the player is engaged in _____ game.
A)a limited repetition
B)a finitely repeated
C)an internally repeated
D)a temporarily constant

Question

Quizplus · Accepted Answer

When a player faces the same strategic interaction a fixed number of times, they are engaged in a finitely repeated game. This is because the game is only repeated a finite number of times, and the player knows exactly how many repetitions there will be. This differs from an infinitely repeated game, where the game continues indefinitely without a predetermined endpoint.

When a Player Faces the Same Strategic Interaction a Fixed