A subgame perfect equilibrium is when:
A)Every player's strategy is a Nash equilibrium in every subgame (part of the game).
B)Players adopt strategies to maximize the total payoff to players in the game.
C)Every player adopts a strategy that they would credible implement if they were ever required to.
D)a and C

Question

Quizplus · Accepted Answer

A subgame perfect equilibrium ensures that players' strategies form a Nash equilibrium in every subgame of the original game, meaning each player's strategy is optimal given the strategies of the others. Additionally, it involves players adopting strategies they would credibly implement if required, making both A and C correct.

A Subgame Perfect Equilibrium Is When