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Though Nash games are non-cooperative, a cooperative outcome

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Though Nash games are non-cooperative, a cooperative outcome is more likely if

a. long run gains are greater than short run gains.
b. firms can easily monitor the outcomes from cooperation.
c. firms expect the market relationship to last a long time.
d. All of the above.
Submitted: 7 years ago.
Category: Homework
Expert:  StatisticsExpert replied 7 years ago.
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