One way to ensure cooperation in an infinitely repeated simultaneous game is
A) to always play the dominant strategy.
B) to punish the player that reneges on agreements.
C) to never punish any player.
D) to always punish all players.

Question

Quizplus · Accepted Answer

In an infinitely repeated simultaneous game, players have the opportunity to cooperate and reap benefits in the long run. However, there is always the temptation for players to defect and pursue their own interests in the short run. To ensure cooperation, players can use punishment strategies to discourage the other player from defecting. For example, if one player reneges on an agreement, the other player can punish them by also defecting or reducing their cooperation in the future rounds. This creates a mutual incentive to maintain cooperation and avoid defection. Therefore, choice B is the best option as it involves punishing the player that reneges on agreements.

One Way to Ensure Cooperation in an Infinitely Repeated Simultaneous