... the p-mix and q-mix options.80p+20(1-p),20p+80(1-p)50p+90(1-p),50p+10(1-p)p-mix90q+20(1-q),10q+80(1-q)20, 8090, 10CC50q+80(1-q),50q+20(1-q)80, 2050, 50DLSerena Williamsq-mixCCDLVenus ... profits.Pq1+q2aslope =-b One-Shot versus Repeated Gamesã One-shot: play of the game occurs once.– Players likely to not know much about one another.– Example - tipping on your vacationã Repeated: ... firm 4?– Depends on the payoffs. Prisoners’ Dilemma in “Normal” or “Strategic” FormPrisoner 2↓5,50,15Confess15,01,1Don't ConfessConfessDon't ConfessPrisoner 1↓ Example 1:...