What does subgame perfection mean?
a. At each choice node, the player with a decision to make chooses her best move given what she expects the other player will do from that point onward.
b. At each choice node, the player with a decision to makes chooses the strategy she likes best.
c. At each choice node, the player with a decision to make chooses the strategy that matches her previous moves.
d. At each choice node, the player with a decision to make chooses her strategy to make the other player worse off.
Ans: a
You might also like to view...
The classical economic theory draws on which of the following types of economy?
A. laissez-faire B. mixed C. command D. capitalist
Fragmented government is a characteristic of large metropolitan areas
Indicate whether this statement is true or false.
In which of the following systems is “raiding” MOST prevalent?
A. open primaries
B. closed primaries
C. runoff primaries
D. semi-closed primaries
Including proper control groups helps to
A) control experimenter effects. B) randomize the effects of the dependent variable. C) eliminate confounding due to subject effects. D) control history, maturation, and regression to the mean.