Multiple Choice
A sub-game perfect Nash equilibrium is defined as
A) a set of strategies that are a Nash equilibrium in every subgame of a static game.
B) a set of strategies that are a Nash equilibrium in every subgame of a dynamic game.
C) a set of strategies that are a Nash equilibrium in a single subgame of a dynamic game.
D) the game within the game.
Correct Answer:
Verified
Correct Answer:
Verified
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