In a finitely repeated game, both players have an incentive to _____ during the last round.
A)cooperate
B)defect
C)collude
D)maintain past behavior

Question

Quizplus · Accepted Answer

In a finitely repeated game, rational players recognize that there is no future opportunity for retaliation or reward based on the last round's actions, leading them to defect to maximize their individual payoff in the final round.

In a Finitely Repeated Game, Both Players Have an Incentive