Author Question: If collusion was not illegal, than it is more optimal a. For megastore to advertise and for ... (Read 68 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
If collusion was not illegal, than it is more optimal
 a. For megastore to advertise and for superstore to advertise
  b. For megastore to advertise and for superstore not to advertise
  c. For megastore not to advertise and for superstore to advertise
  d. For megastore not to advertise and for superstore not to advertise

Question 2

The difference between a Nash equilibrium and a subgame-perfect equilibrium is:
 a. the former requires rational play both on and off the equilibrium path but the latter requires rational play only on the equilibrium path.
  b. the former requires rational play only on the equilibrium path but the latter requires rational play both on and off the equilibrium path.
  c. Nash equilibria are a subset of the subgame-perfect equilibria.
  d. nothing; they are synonyms.



gabrielle_lawrence

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

d

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

For a complete list of videos, visit our video library