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    Game Theory in Business and Economics
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    Exam 3: Focal-Point and Evolutionary Equilibria
  5. Question
    Coordination Games
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Coordination Games

Question 29

Question 29

Multiple Choice

Coordination games:


A) Are noncooperative games in which the players attempt to their coordinate their strategies.
B) Are cooperative games in which the players' lack a common frame of reference.
C) Involve dynamic equilibrium strategy profiles in which successful strategies replace unsuccessful strategies.
D) Sometimes have a focal-point equilibrium.
E) Answers a and d are correct.

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