Author Question: Without enforcement, a contract A) is binding. B) is lateral in form. C) is costless to enforce. ... (Read 62 times)

jeatrice · **on:** Jun 30, 2018

Without enforcement, a contract
A) is binding.
B) is lateral in form.
C) is costless to enforce.
D) not really binding.

Question 2

Which of the following is false?
a. A Nash equilibrium can be a dominant strategy.
b. A Nash equilibrium maximizes a player's welfare, given the actions of its competitor, while a dominant strategy maximizes a player's welfare, regardless of the behavior of its competitor.
c. A Nash equilibrium is just another name for a dominant strategy.
d. A Nash equilibrium is a self-enforcing equilibrium.

djofnc · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

D

Answer to Question 2

c

jeatrice · **Reply #2 on:** Jun 30, 2018

Correct answers!

djofnc · **Reply #3 on:** Jun 30, 2018

Great! Please up vote

Author Question: Without enforcement, a contract A) is binding. B) is lateral in form. C) is costless to enforce. ... (Read 62 times)

jeatrice

Without enforcement, a contract A) is binding. B) is lateral in form. C) is costless to enforce. ...

djofnc

Without enforcement, a contract A) is binding. B) is lateral in form. C) is costless to enforce. ...

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jeatrice

Without enforcement, a contract A) is binding. B) is lateral in form. C) is costless to enforce. ...

djofnc

Without enforcement, a contract A) is binding. B) is lateral in form. C) is costless to enforce. ...