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Author Question: A key to analyzing subgame perfect equilibrium strategy in sequential games is a. predictable ... (Read 62 times)

imowrer

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A key to analyzing subgame perfect equilibrium strategy in sequential games is
 a. predictable behavior
  b. an explicit order of play for at least some participants
  c. information sets that are known with certainty
  d. credible threats clearly communicated
  e. randomness

Question 2

Suppose that Firm A deviates from a trigger strategy to support a high price. What is A's payoff from cheating?
 a. 0
  b. 50
  c. -10
  d. 25



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qytan

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Answer to Question 1

b

Answer to Question 2

b




imowrer

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


jordangronback

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Reply 3 on: Yesterday
Gracias!

 

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