The disagreement value in a nonstrategic game is most closely associated with
A)opportunity costs
B)fixed costs
C)variable costs
D)accounting costs

Question

​The disagreement value in a nonstrategic game is most closely associated with
A)​opportunity costs
B)fixed costs
C)variable costs
D)​accounting costs

Quizplus · Accepted Answer

The disagreement value in a nonstrategic game represents the minimum value that a player would accept in order to agree to play the game. It reflects the player's opportunity cost of playing the game, which is the value of the player's next best alternative. Therefore, the disagreement value is most closely associated with opportunity costs.

​The Disagreement Value in a Nonstrategic Game Is Most Closely

The Disagreement Value in a Nonstrategic Game Is Most Closely