In a Nash equilibrium no player wants to change his or her strategy.
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Q21: In a simultaneous game, players look forward
Q22: Dominant strategies are often difficult to take
Q23: Sunk costs can be commitments.
Q24: Firms still have the incentive to cheat
Q25: Sequential games provide the opportunity to use
Q27: When an outcome is weighted by a
Q28: Strategic behavior is the result of an
Q29: Repeated games often lead to cooperation.
Q30: A commitment is a form of strategy.
Q31: Firms look for dominated strategies in order
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