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A Key Assumption Underlying Noncooperative, Static Games Is That the Players

Question 12

Multiple Choice

A key assumption underlying noncooperative, static games is that the players:


A) Behave rationally.
B) Act in the best interest of their rivals.
C) Are indifferent to payoffs in cooperative and noncooperative games.
D) Always adopt strategies that lead to "fair" outcomes.
E) None of the above.

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