-Refer to Figure 16.1, which represents a static game in extensive format. The following decision nodes constitute a valid information set: A) D₁ and D₂. B) D₁ and D₃. C) D₂ and D₃. D) D₁, D₂, and D₃. E) Answers a and b are correct.

Question

Quizplus · Accepted Answer

In a static game in extensive format, a valid information set consists of decision nodes that are indistinguishable to the player making the decision. D₂ and D₃ can be part of the same information set if the player cannot distinguish between them based on the information available.