Why may be advantageous to have reputation of irrationality


Problem

Explain, for a repeated game:

a. Why it may be advantageous to have the reputation of being a tough guy who always takes revenge against anyone who harms your interests

b. Why it may be advantageous to have a reputation of irrationality.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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