How did the 1971 law that banned cigarette advertising on, Ask an Expert

Economics

How did the 1971 law that banned cigarette advertising on television solve the prisoners' dilemma for cigarett producers?

(a) What is the meaing of tit-for-tat in game theory?

(b) What conditions are usually required for tit-for-tate strategy to be the best strategy?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9474877

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