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So here's bad news.
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The bad news is, we'd hoped that
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by having repeated interaction in the Prisoners' Dilemma,
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we would be able to sustain cooperation.
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That's been our hope since day one of the class.
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In fact, we stated it kind of confidently
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in the first day of the class,
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and we kind of intuitively believe it.
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But what we're discovering is,
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even if you played this game for 500 times and then stopped,
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you wouldn't be able to sustain cooperation in equilibrium
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because we're going to get unraveling in the last stage