Multiple Choice
A trigger strategy is:
A) Used to obtain a higher payoff by committing to a strategy before a rival can commit to a strategy.
B) A strategy that selects the worst payoff from among the best payoffs.
C) A move made by a player in response to an unanticipated move by a rival.
D) A strategy that is neither strictly- nor weakly-dominant.
E) Both a and c are correct.
Correct Answer:
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