A Nash equilibrium with a noncredible threat as a component is:
A. not a perfect equilibrium.
B. a somewhat perfect equilibrium.
C. a sequential equilibrium.
D. a perfect equilibrium.
Answer: A
You might also like to view...
The official settlements account records the change in official U.S. reserves
Indicate whether the statement is true or false
"Marginal cost is the increase in total cost that results from a one-unit increase in a variable input." True or false? Explain
Indicate whether the statement is true or false
John wants to buy a new television set. He can either buy it in the US and pay $1200 or buy it in Canada and pay CAD$1300 . At the exchange rate of 1CA$=US$0.92, ignoring any other costs, he would
a. Prefer buying in the US b. Prefer buying in Canada c. Be indifferent about where he buys his television d. None of the above
The typical 50-year-old male earns approximately ____ as a male in his early 20s
a. twice as much b. the same c. half as much d. 1/3 as much