menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 45
  4. Exam
    Exam 14: Oligopoly and Strategic Behavior
  5. Question
    If Neither Player Has an Incentive to Deviate from the Outcome
Solved

If Neither Player Has an Incentive to Deviate from the Outcome

Question 351

Question 351

True/False

If neither player has an incentive to deviate from the outcome of a game, the outcome is a Nash equilibrium.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q346: In the kinked-demand model of oligopoly, if

Q347: List the four shortcomings of the four-firm

Q348: Which of the following statements best describes

Q349: Define a simultaneous one-time game.

Q350: Both collusive and noncollusive oligopoly models suggest

Q352: If there are significant economies of scale

Q353: Concentration ratios may be inaccurate indicators of

Q354: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" The diagram shows

Q355: If the firms in an oligopolistic industry

Q356: The study of how people behave and

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines