Consider a two-player infinitely repeated game between A and…
Consider a two-player infinitely repeated game between A and B that involves only two strategies – cooperate and defect. Player A employs an open Tit-for-Tat strategy (oTFT – begin the relationship by cooperating, and in each future period choose the action that was chosen by the rival in the preceding period of play) and player B employs a closed Tit-for-Tat strategy (cTFT – begin the relationship by defecting, and in each future period choose the action that was chosen by the rival in the preceding period of play). In the long-term, the cooperative outcome is attainable.