A subgame-perfect equilibrium: a. is not a Nash equilibrium; it ...

[jace]

A subgame-perfect equilibrium:
 a. is not a Nash equilibrium; it is a refinement of Nash equilibrium.
  b. is an equilibrium concept used in simultaneous games.
  c. is a special sort of Nash equilibrium.
  d. can be ruled out using backward induction.

Question 2

A strategy game is
 a. any pricing competition among firms
  b. a situation arising from independent decision making among economic participants
  c. interpendent choice behavior by individuals or groups who share a common goal
  d. none of the above

[Pariscourtney]

Answer to Question 1

c

Answer to Question 2

c

[jace]

Wow, this really help

[diana chang]

Gracias!