A strategy that limits defection in a repeated prisoners dil

A strategy that limits defection in a repeated prisoner\'s dilemma game is

1)a Nash equilibrium.

2)tit-for-tat.

3)a cartel.

4)an ultimatum bargaining game.

Solution

A strategy that limits defection in a repeated prisoner’s dilemma game is tit-for-tat. A tit-for-tat strategy says one’s move in this round is whatever other’s move in the last round