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Author Question: A subgame-perfect equilibrium: a. is not a Nash equilibrium; it is a refinement of Nash ... (Read 143 times)

jace

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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


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Pariscourtney

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

c

Answer to Question 2

c


jace

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

lcapri7

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Reply 3 on: Yesterday
Wow, this really help

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