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Author Question: The general message of the folk theorems is: a. Nash equilibria may not be sustainable over many ... (Read 45 times)

Tirant22

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on: Jul 1, 2018
The general message of the folk theorems is:
 a. Nash equilibria may not be sustainable over many replications of a game.
  b. payoffs that are unambiguously preferred to Nash equilibria may be sustainable over many replications of a game.
  c. credible threats may inhibit the achievement of mutually beneficial outcomes over many replications of a game.
  d. just plain folk play the best games.

Question 2

In a zero-sum game
 a. all players receive a 0 payoff
  b. all players can simultaneously win
  c. the gains to the winners equal the losses of the losers
  d. none of the above


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CourtneyCNorton

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

b

Answer to Question 2

c


Tirant22

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Reply 2 on: Jul 1, 2018
Gracias!

FergA

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Reply 3 on: Yesterday
Excellent

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