Use partitioned matrix multiplication to compute the following matrix product, which appears in the alternative formula (5) for a Bézier curve:

GAMES AND STRATEGIC BEHAVIOR ● repeated prisoner’s dilemma = confronts the same players not just once but many times ● cartel agreements are difficult to maintain ○ each cartel member has an incentive to undercut it’s competitor’s price in order to capture the entire market ● three basic elements of a game… ○ the payoffs each player receives ○ the strategies available to each player ○ the players ○ tit-for-tat = players cooperate on the first move and then mimic their partner’s last move on each successive move ■ effective at limiting defection in computer simulations but not real-world cartel agreements ○ dominant strategy = yields a higher payoff no ma