This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A subgame-perfect equilibrium: a. is not a Nash equilibrium; it is a refinement of Nash ... (Read 92 times)

jace

  • Hero Member
  • *****
  • Posts: 541
on: Jul 1, 2018
A subgame-perfect equilibrium:
 a. is not a Nash equilibrium; it is a refinement of Nash equilibrium.
  b. is an equilibrium concept used in simultaneous games.
  c. is a special sort of Nash equilibrium.
  d. can be ruled out using backward induction.

Question 2

A strategy game is
 a. any pricing competition among firms
  b. a situation arising from independent decision making among economic participants
  c. interpendent choice behavior by individuals or groups who share a common goal
  d. none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Pariscourtney

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

c


jace

  • Member
  • Posts: 541
Reply 2 on: Jul 1, 2018
Wow, this really help

essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

A comparison of gradualism and punctuated equilibrium. A comparison of gradualism and punctuated equilibrium.
Comparison of reactions at equilibrium and steady state Comparison of reactions at equilibrium and steady state
Vapour-liquid equilibrium acetone + water Vapour-liquid equilibrium acetone + water
Chemical equilibrium and the law of mass action. Chemical equilibrium and the law of mass action.
What is the value of the equilibrium constant, K, at 25°C for the reaction? What is the value of the equilibrium constant, K, at 25°C for the reaction?
The Hardy–Weinberg equilibrium for two autosomal alleles. The Hardy–Weinberg equilibrium for two autosomal alleles.
Video: How do the different types of chromatography work? (No Audio)

For a complete list of videos, visit our video library