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Author Question: A key to analyzing subgame perfect equilibrium strategy in sequential games is a. predictable ... (Read 75 times)

imowrer

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on: Jul 1, 2018
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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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

b


imowrer

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Reply 2 on: Jul 1, 2018
Excellent

T4T

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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