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grim trigger strategy

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A. What is the grim trigger strategy, and how does it solve the Prisoner's Dilemma in repeated games?
b. Under what circumstances is it likely to fail?

© BrainMass Inc. brainmass.com October 16, 2018, 2:23 am ad1c9bdddf - https://brainmass.com/economics/macroeconomics/grim-trigger-strategy-155228

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a. What is the grim trigger strategy, and how does it solve the Prisoner's Dilemma in repeated games?
The grim trigger strategy is a trigger ...

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The grim trigger strategy is assessed.

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