Author Question: A mixed strategy equilibrium means that A) the strategies chosen by the players represent ... (Read 37 times)

Evvie72 · **on:** Jul 1, 2018

A mixed strategy equilibrium means that

A) the strategies chosen by the players represent different behaviors.
B) one player has a dominant strategy, and one does not.
C) one player has a pure strategy, and one does not.
D) the equilibrium strategy is an assignment of probabilities to pure strategies.
E) the equilibrium strategy involves alternating between a dominant strategy and a Nash strategy.

Question 2

The poor, in considering a job offer, face constraints that middle-class job seekers are not subject to.

Indicate whether the statement is true or false