Players in simultaneous-move games with complete information know their rival's:
A) Strategies, but not the payoffs from alternative strategy profiles.
B) Strategies, payoffs from alternative strategy profiles, and always move at the same time.
C) Strategies, payoffs from alternative strategy profiles, but do not necessarily move at the same time.
D) None of the above

Question

Quizplus · Accepted Answer

In simultaneous-move games with complete information, players are aware of their rivals' strategies and the payoffs from alternative strategy profiles, and by definition, they always move at the same time. This knowledge framework allows them to make informed decisions based on how they predict their rivals will act.

Players in Simultaneous-Move Games with Complete Information Know Their Rival's