A subgame equilibrium:
A) Is the solution to a trivial subgame.
B) Is the solution to a proper subgame.
C) Is a unique Nash equilibrium for a dynamic game.
D) Is always unique.
E) None of the above.
Correct Answer:
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Q1: An extensive-form game summarizes:
A) Players, strategies, discount
Q2: A decision node:
A) May be the root
Q3: A solution to a multistage game may
Q5: A subgame-perfect equilibrium:
A) Is a Nash equilibrium
Q6: A subgame-perfect equilibrium is:
A) An equilibrium to
Q7: A subgame-perfect equilibrium:
A) Is the solution to
Q8: Terminal nodes:
A) Designate the end of a
Q9: In multistage games, every decision node is:
A)
Q10: Q11: 
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