Two firms are playing an infinitely-repeated prisoner's dilemma pricing game of the following form:     Firm 1                                                    Firm 2   Low price High Price Low price 4, 4 20, 0 High price 0, 20 12,12   Consider the decision to cheat ONLY  ONCE for a firm in this game against the opponent that is a Tit-for-Tat player. Cheating firm gets an extra in payoffs for the first round, but has to face $0 payoffs for the second round in order to be able to bring the opponent to the collusive outcome again in the third round

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