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In an oligopoly game, the incentive to cheat is reduced when:

A) it is a one-period game and there are only a few players.

B) the game is repeated a finite number of times and all players are aware of it.

C) it is a one-period game and the payoffs from cooperation are higher than the payoffs from cheating.

D) the game is repeated indefinitely and there is a threat of retaliation in subsequent periods.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91400356

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