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Author Question: A key to analyzing subgame perfect equilibrium strategy in sequential games is a. predictable ... (Read 64 times)

imowrer

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on: Jul 1, 2018
A key to analyzing subgame perfect equilibrium strategy in sequential games is
 a. predictable behavior
  b. an explicit order of play for at least some participants
  c. information sets that are known with certainty
  d. credible threats clearly communicated
  e. randomness

Question 2

Suppose that Firm A deviates from a trigger strategy to support a high price. What is A's payoff from cheating?
 a. 0
  b. 50
  c. -10
  d. 25


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qytan

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

b


imowrer

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

juliaf

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Reply 3 on: Yesterday
Excellent

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