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Which of the Following Games Is Solvable by Backward Induction

Question 55

Multiple Choice

Which of the following games is solvable by backward induction?
I. a 3-period simultaneous game
II. an infinitely repeated simultaneous game
III. a 1-period simultaneous game
IV. a sequential game


A) II
B) IV
C) I and III
D) I and IV

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