Author Question: When, in the game in Scenario 13.14, the strategy that would not be chosen under any circumstances ... (Read 30 times)

LaDunn · **on:** Jul 1, 2018

When, in the game in Scenario 13.14, the strategy that would not be chosen under any circumstances is removed, what is left is a

A) Battle of the Sexes game.
B) Matching Pennies game.
C) Prisoners' Dilemma game.
D) Beach Location game.
E) constant-sum game.

Question 2

In the economic literature on principal-agent problems, the ________ is the person who takes some action, and the ________ is the person whom the action affects.

A) agent, principal
B) principal, agent
C) Both statements describe the agent.
D) Both statements describe the principal.