Consider a repeated game in which the stage game above is re

Consider a repeated game in which the stage game above is repeated twice and there is no discounting. The maximum payoff a player can achieve in a SPNE of the repeated game is_________ (Please, enter a numerical value like: -1, 0, 0.5, 3.5,4, etc)  

explain

Player lI 6,6 2,7 2,-2 Player B 7,-4 -2,-2 1,-1 C 2,-2 1,1 1,1

Solution

If both players corporate twice in the game then both will get (6, 6) twice. So that they will get maximum 12.

Consider a repeated game in which the stage game above is repeated twice and there is no discounting. The maximum payoff a player can achieve in a SPNE of the r

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