Refer to the scenario above. Phillip should play this game using ...

[arivle123]

Refer to the scenario above. Phillip should play this game using ________.
 
  A) backward induction
  B) forward induction
  C) mixed strategies
  D) his dominated strategy

Question 2

The analysis in Chapter 15 implies that the housing bubble of the last decade would likely have been avoided if
 
  A) the Fed had pursued a monetary equilibrium policy as opposed to cheap interest rate policies.
  B) people weren't as greedy as they were during the beginning and middle of the bubble.
  C) price controls were established to keep home prices from rising as high as they did.
  D) markets were better regulated.

[ju]

Answer to Question 1

A

Answer to Question 2

A

[arivle123]

Thanks for the timely response, appreciate it

[ecabral0]

Great answer, keep it coming