The general message of the folk theorems is: a. Nash equilibria ...

[Tirant22]

The general message of the folk theorems is:
 a. Nash equilibria may not be sustainable over many replications of a game.
  b. payoffs that are unambiguously preferred to Nash equilibria may be sustainable over many replications of a game.
  c. credible threats may inhibit the achievement of mutually beneficial outcomes over many replications of a game.
  d. just plain folk play the best games.

Question 2

In a zero-sum game
 a. all players receive a 0 payoff
  b. all players can simultaneously win
  c. the gains to the winners equal the losses of the losers
  d. none of the above

[CourtneyCNorton]

Answer to Question 1

b

Answer to Question 2

c

[Tirant22]

Thanks for the timely response, appreciate it

[Sarahjh]

Gracias!