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The strategy of tit-for-tat is

A: to cooperate for the first interaction, and to defect for each subsequent interaction.

B: to cooperate for the first interaction, and to imitate your rival's behavior in each subsequent interaction.

C: to defect for the first interaction, and to cooperate for each subsequent interaction.

D: to always be the first one to defect.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91672759

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