Which of the following situations do players face in the last round of a finitely repeated game?
A)an anti-coordination game
B)a one-shot Prisoner's Dilemma
C)a coordination game
D)an indefinitely repeated game

Question

Quizplus · Accepted Answer

In the last round of a finitely repeated game, players face a one-shot Prisoner's Dilemma. This is because it is the final round and there is no possibility of future interactions, so players have no need to cooperate and can maximize their individual payoffs by defecting.

Which of the Following Situations Do Players Face in the Last