A subgame-perfect equilibrium:
A) Is a Nash equilibrium to a multistage game.
B) Is a solution to a subgame in a multistage game.
C) Is a solution to any stage of a multistage game.
D) Can only exist in the presence of multiple Nash equilibria.
E) None of the above.
Correct Answer:
Verified
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
Q4: A subgame equilibrium:
A) Is the solution to
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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