Author Question: Non-cooperative sequential games can incorporate all the following features except a. a single ... (Read 67 times)

eruditmonkey@yahoo.com · **on:** Jul 1, 2018

Non-cooperative sequential games can incorporate all the following features except
a. a single decision-maker in the endgame
b. no communication
c. finite or infinite time periods
d. third-party enforceable agreements
e. an explicit order of play

Question 2

When buying a car from a commission salesman you improve your bargaining position by
a. shopping for last year's model when the new model year cars are arriving
b. shopping when the showroom is full of customers
c. shopping when the car lot has few cars left unsold
d. shopping toward the beginning of the month