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11 Aug 2019

A key to gaining cooperative behavior in a repeated game is:

A. it must be repeated indefinitely

B. there must be a definitive end to the game.

C. the players must commit to always acting in their own self-interest

D. at least one player must have a dominant strategy.

The amount of disclosure laws in the United States:

A. has greatly increased the amount of information provided to consumers.

B. has caused so much "fine print" that consumers actually use very little of the information provided it in.

C. provides so much information, the overload causes consumers to ignore it and therefore the laws on the whole have no effect on solving the information asymmetry problem.

D. All of these statements are true.

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Nelly Stracke
Nelly StrackeLv2
13 Aug 2019

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