Asked by Genna Greco on Jul 22, 2024

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When prisoners' dilemma games are repeated over and over, sometimes the threat of penalty causes both parties to cooperate.

Prisoners' Dilemma

A scenario in game theory where individuals making rational choices may end up in a worse state due to an inability to cooperate.

Penalty

A punishment imposed for violating a law, rule, or contract.

Cooperate

To work or act together towards a common goal or benefit, often requiring compromise or teamwork.

  • Comprehend the implications of the prisoners' dilemma in repeated games and the role of strategies like tit-for-tat.
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Makayla HollinsJul 27, 2024
Final Answer :
True
Explanation :
In repeated prisoners' dilemma games, the threat of future penalties (such as retaliation in subsequent rounds) can encourage cooperation between parties, as they seek to avoid negative outcomes in the long term.